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New Vietnam stock exchange trading system delayed again

Earlier this week, it was reported that the Ho Chi Minh City Stock Exchange’s new KRX trading system would go online on May 1. This has since been delayed by the State Securities Commission–the SSC–according to Bloomberg. The SSC’s reasons are that the Ho Chi Minh Stock Exchange has failed to provide evidence trading firms are ready for the new system and also that it hasn’t consulted all relevant stakeholders. Of note, the KRX going live is almost ten years past due.

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