CDX Achieves Over 82% in the First Quarter, Continuously Leading Cambodia’s Derivatives Trading Transactions

CDX Achieves Over 82% in the First Quarter, Continuously Leading Cambodia’s Derivatives Trading Transactions

At the outset, Cambodian Derivatives Exchange (CDX) has been always first in the market, occupying at least 70 percent of the derivatives trading transactions in Cambodia market regardless of any circumstances, which well reflects its robust foundation and dynamic framework in promotion and execution in line with the integrity, professionalism, and regulation of the market growth.

Once again, the “Always First in the Market” has become CDX’s trademark since the company continued to thrive to its mature level, with the meet-expected result in the first quarter of 2021. In accordance with the monthly derivatives trading data report issued by Securities and Exchange Regulator of Cambodia (SERC), Derivative Brokers (DB) under the facilitation and execution of the central counterparty of CDX combined received 82.87 percent of the total market share in 2021’s first quarter, showing great results despite the uncertainty of COVID-19 pandemic which has severely hurt many businesses since the early existence. Given the statistical evidence, DBs of CDX still hold true as leading derivative brokerage firms in Cambodia.

Back then, in the first month of the quarter, CDX enjoyed the undisputed share of derivatives market of 86.84 percent, embracing its stance as the derivatives market pioneer in Cambodia and holding proud to head its “Always First in the Market” till the presence, thanks to the great efforts and commitment of all of its DBs who have stood a chance together to proceed and succeed in the journey to further develop Cambodia derivatives market. Also, the endless support from clients and all market players is crucial and grateful for its being a true leader in the market.

“The contribution to the progressive growth of CDX as well as Cambodia’s derivatives market as a whole, under the supervision and protection of SERC, could be found in the associated individuals, brokers, and also the finest market itself, which can be executed anytime and anywhere. In this light, I would like to share with you that as long as we keep carrying out our commitment and implementation to the globally trusted investment platform, we will continue to lead and grow with the Cambodian and ASEAN market.” said Mr. Lawrence Kook, Director of CDX.

“Even in the context of COVID-19 pandemic, our business has taken a significant role to sustain the economic growth in Cambodia through providing investment knowledge and financial instrument to Cambodian people and potential clients in which they can invest to accumulate more wealth from remarkable market movement due to the impact of such a disease. Now, we are proud to see our growth,” he added.

In 2021, with the rise of various emerging market and progressive business model, CDX will continue to seize the historical opportunities and its leading status, allowing both local and international investors to efficiently execute their derivatives trading operation with its foremost central counterparty as well as to significantly boost Cambodian financial status and national economic growth at large.