Lao Securities Exchange to launch Continuous Auction Trading Method

Assoc. Prof. Dethphouvang MOULARAT, Chairman & CEO of Lao Securities Exchange (LSX) addresses:

“LSX is upgrading the trading method from call auction to continuous auction and increasing the daily price change limit from ±5% to ±10% on December 3rd, 2014 after getting the approval from Lao Securities Commission Office for the purpose of welcoming the celebration of the 39th National Day of Lao PDR and International New Year as well as a new listing company of LSX. In addition, the purpose is also to provide primary information regarding capital market development for the session 7th of social-economic developing plan of Lao government. Hence, we are honorable to have all of the investors acknowledged on this new improvement and be prepared for the efficient investment in LSX”.

LSX currently operates “Call Auction Trading Method”, the process of one-time centralized matching of bid (buy) and offer (sell) orders received during a specified period. Orders are matched and executed based on the principle of price priority and time priority. All trades are executed six times a day, at 9:00, 9:30, 10:00, 10:30, 11:00, 11:30 stated by the market operation regulation, reference no. 01/LSX.RG, on date 06/10/2011. The trading method LSX is launching in the near future is known as “Continuous Auction”, the process of continuous matching of bid (buy) and offer (sell) orders on a one-by-one basis based on the newly revised market operation regulation and in line with the international trading method.

For those who are interested in the new trading method are able to contact to the securities companies you are subscribing to or LSX during the official hours as following information:

Lao Securities Exchange
4th floor, LSX Building, Ban Phonthan, T4 Rd, Xaysettha District, Vientiane Capital
Tel: 021 454 361, Ext: 2 (Market Operation and Surveillance Department)