Cambodia Investment Review
Cambodia’s leading brokerage firm Acleda Securities Plc has won the Second Quarterly ‘Best Securities Broker Award’ for 2022 beating out 12 other licensed firms awarded by Cambodia Securities Exchange (CSX).
The quarterly award is determined by calculating total trading value (accounting for 60%) and the amount of new trading accounts opened (accounting for 40%) as well as overall Mobile Trading System usage.
According to the CSX, Acleda Securities trading accounts bought and sold approximately $150 million worth of stock accounting for 96% of total trading on the exchange. In addition, 84% of new accounts were opened through the leading broker.
During the quarter Morgan Stanly also purchased $43.23 million of Acleda Bank shares through exchange marking the largest ever Negotiated Trading Method buy. To read more about the Morgan Stanly purchased click here.
Acleda Securities the most awarded brokerage firm
Dr. Prom Visoth, President and Chief Executive Officer of Acleda Securities Plc told Cambodia Investment Review that the award is another great milestone for the company.
“The company has been awarded by the Cambodia Securities Exchange for last three quarters in 2020 and all four quarters in 2021,” Dr. Visoth said.
“We would sincerely thank to our investors and public at large who are using our services so far. These Awards are for you all and we are committing that the quality and convenient services are our top priority for you all,” he added.
Kim Sophanita Director of CSX said the award is made to provide credentials to CSX’s brokerage firm member that strives to achieve best performance based on fair and transparent pre-determined criteria.
“It could serve as a piece of information for investors in selecting a broker they wish to start their securities investment journey with,” she added.