Vietnam Main Stock Exchange to Launch Online Trading on January 12
The Hochiminh Stock Exchange (HOSE), Vietnam’s main bourse, will start to officially launch an online trading system with its 69 eligible securities companies from January 12, the exchange announced.
With the new system, investors can place trading orders, manage portfolios and search securities information where.
Le Hai Tra, board member of the HOSE, said the new trading system with quickly process investors’ orders, with 220 orders in each second compared to 8-10 second for each order currently.
Orders of investors will also be directly delivered to the HOSE’s system, not via representatives of securities firms at trading floors, which will help increase share liquidity, transparence and ensure benefit of investors.
Out of 69 securities firms, 37 ones have launched online connection system with customers. (Vietnam Economic Times, Young People)
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