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CSX Introduces New Trading Mechanism with USD Settlement

January 15, 2024

In one of its latest offerings, Cambodia Stock Exchange (CSX) has introduced a new trading mechanism, starting from 15 January 2024 that will allow stock market investors and traders to trade in Khmer riel and settle in US dollars.

According to CSX, this is an initiative where a stock trader can buy or sell quoted stocks in Khmer riel while being able to settle the trade in US dollars based on the pre-disclosed exchange rate fixed by the stock exchange.

As per the new system, all investors who are buyers shall have cash balance in US dollars in their respective trading accounts. "Investors could place orders through brokers or CSX Trade mobile application. To place orders through CSX trade app, investors shall select 'USD Settlement' tab and carry out transactions". Please kindly find the investors' guides in detailed below.