Securities Market
Trading rule
1. Account Opening:
PPLS-a member of CSX are always here to assist you.
- Visit us now: 5/F, Golden Tower, Street 215, Sangkat Veal Vong, Khan 7Makara, Phnom Penh
- Apply now: ……... (Online Account Opening Link)
Required Documents:
For Individual account:
- Copy of National ID card for Cambodian or valid Passport for foreigners,
- 1 photo (Passport size), and
- Copy of Bank account information.
- Investor ID number issued by Securities Exchange Commission of Cambodia (SECC) *
For Institutional account:
- Copy of National ID card for Cambodian or valid Passport for foreigners,
- 1 photo (Passport size), and
- Copy of Bank account information.
- Investor ID number issued by Securities Exchange Commission of Cambodia (SECC) *
For Institutional account:
- Copy of Memorandum of Articles of Association,
- Copy of Certificate of Incorporation,
- Copy of Business License (if any),
- Copy of Board of Resolution / Power of Attorney,
- List of Directors & Shareholders,
- Copy of Patent / Tax Certificate,
- Copy of National ID card for Cambodian or valid Passport for foreigners of the authorized person,
- Copy of National ID card for Cambodian or valid Passport for foreigners of all Directors,
- 1 photo of the authorized person (Passport size),
- Investor ID number issued by the Securities and Exchange Commission of Cambodia (SECC)*, and
- Copy of Bank account information.
*Investor ID number issued by SECC:
Investor shall apply for Investor ID number directly to SECC or through PP Link Securities before opening a securities account. Required documents for Investor ID are as follows:
- Copy of National ID card for Cambodian or valid Passport for foreigners,
- 1 photo of the authorized person (Passport size), and
- Application fee KHR20,000 or USD5 (to be paid by individual investors), or
- Application fee KHR50,000 or USD13 (to be paid by institutional investors).
2. Trading Schedule:
At CSX and PPLS, all stocks are available to trade from Monday to Friday, except public holiday.
Our trading session starts from 8:00 am to 3:00 pm as below:
- From 8:00 am to 9:00 am, all transactions are traded in Single Price Auction and executed at 9:00 am.
- From 9:00 am to 2:50 pm, all transactions are traded in Multiple Price Auction and immediately match.
- From 2:50 pm to 3:00 pm, all transactions are traded in Single Price Auction and executed at 3:00 pm.
| Session | Ordering Time | Trading Time | Auction Method |
Opening | 8:00 am – 9:00 am | 9:00 am | Single Price Auction |
| Continuous | 9:00 am to 2:50 pm | Multiple Price Auction | |
Closing | 2:50 PM – 3:00 PM | 3:00 PM | Single Price Auction |
*Note:
If there are no orders executed at 9:00 am, the opening session shall be extended until a matching during the day.
For the Negotiated Trading Method (NTM), the trading hours shall be at the continuous sessions from 9:00 am to 3:00 pm.
3. Trading Methods:
All trading transactions on CSX are executed through Auction Trading Method (ATM) and Negotiated Trading Method (NTM).
Auction Trading Method (ATM)
Principle of the auction:
- Price Priority:
- The lower asks are prioritized over higher asks; and
- The higher bids are prioritized over lower bids.
- Time Priority:
- In the case of the same price orders, the orders received earlier are prioritized over the orders received later.
| ASK | PRICE | BID |
| 6,500 | ||
| 6,480 | 1) 500 (the highest bid) | |
| 6,440 | (2) 100 (3) 200 | |
| 6,420 | ||
| (3) 300 (2) 200 | 6,400 | |
| (the lowest ask) (1) 450 | 6,380 | |
| 6,360 |
*As in the above table, bid order (1) and ask order (1) are executed first following the price prioritization.
*Also, among the orders at the same price, order (2), which were received earlier, are executed before orders (3).
All the transactions of auction trading method (ATM) shall be executed in 2 different methods:
- Single-price Auction:
Trades through single-price auction are executed at one specific price (called trading price).
- Multiple-price Auction:
In the multiple-price auction, an order can be traded at multiple different prices. When the highest bid order matches the lowest ask order, the trading price shall be the order received first.
Negotiated Trading Method (NTM)
A Negotiated Trading Method executes a pair of bids and asks negotiated order after a buyer, and a seller negotiate and agree on the transaction conditions. The following criteria shall need to be met to match the orders: Stock name, Price, Quantity, and Negotiated trading code.
Main features of NTM:
- Minimum order: Negotiated order shall be executed at least 50,000 shares.
- Tick Size: Tick size of the negotiated trading method shall be KHR 1.
- Daily price limit: Daily price limit shall be ±10% of the base price.
- Order cancellation: Negotiated order can be cancelled but not corrected if the order has not been executed.
Placing order
Investors shall maintain above the targeted stock price before placing the orders. Furtherly, investors are allowed to place the order following the below method:
- Placing an order via MTS system
- Placing an order via calling us
- Placing an order via emailing us
- Placing an order via visiting our securities representatives
| MTS |
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| Call |
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| Visit Us |
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Deposit and withdrawal
Deposit Trading Capital
Investors are supposed to have at least the certain amount for the preferred stock and commission in advance to place an order. Further, investors shall process the deposit through one of the following methods:
- Direct to CSA,
- Local bank transfer, or
- Oversea bank transfer.
| Method | Description |
| Direct to CSA | Investors can proceed to deposit trading capital at any of Acleda Bank by providing:
|
| Local bank transfer | Investors can also deposit trading capital using their local bank account by providing:
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| Oversea bank transfer | Investors can also deposit the trading capital using their oversea bank account by providing:
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Withdraw Trading Capital
- Direct to CSA,
- Local bank transfer,
- Oversea bank transfer, or
- MTS.
| Method | Description |
| Direct to CSA | Investors can request a withdrawal from their trading account by: Firstly, requesting a withdrawal at PP Link Securities Co., Ltd by providing:
Secondly, proceeding to withdraw at any of Acleda Bank by providing:
* Note: National ID Card or Passport is required |
| Local bank transfer | Investors can request a withdrawal from their trading account and transfer directly to the bank account by: Firstly, requesting a withdrawal at PP Link Securities Co., Ltd by providing:
* Note: Bank Passbook is required
Secondly, transferring the withdrawal amount at any of Acleda Bank by providing:
|
| Oversea bank transfer | Investors can request a withdrawal from their trading account and transfer directly to the bank account by: Firstly, requesting a withdrawal at PP Link Securities Co., Ltd by providing:
Secondly, transferring request at any of Acleda Bank to Oversea bank account by providing:
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Trading fee
| Customer’s Tier | Trading Volume | Commission Fee | Minimum Commission |
| Individual Customer | ≤ KHR 2 Bil. (≤ USD 500K) | 0.50% | KHR 4,000 (USD 1) |
| > KHR 2 Bil. (> USD 500K) | 0.45% | ||
| VIP Customer * | Per trading transaction | 0.45% | |
| Institutional Customer | Per trading transaction | 0.40% |
* The VIP customer will be accessed by PPLS.
With the capacity of our derivative broker license, PP Link Securities (PPLS) consists of professionalism and fair-trading practices to make sure that we work effectively and legally to provide our clients a range of global instruments on a leading platform, competitive spreads, a superior execution and a well trusted source of financial instruments and data system that will bring a better deal to both corporate and private customers.
By combining professionalism with fair-trading practices, PPLS ensures that we work effectively and tirelessly to provide our customers with a range of global instruments such as Precious metals, foreign currencies, crude oil, indexes, bonds, and stocks.
Board members of PPLS have strong credentials in foreign exchange markets and are experienced executives in those markets generally. Thus, as a client of PPLS, you will enjoy the comfort and peace of mind with a regulated broker as well as enjoy the benefits of trading with leverage.
By upholding the principles of fairness, integrity, and transparency in derivatives trading, PPLS will uphold the regulation set forth by the Securities and Exchange Regulator of Cambodia (SERC).
Our Services
We make sure our clients are able to gain sound experience with our products and trusted trading environment with the most convenient methods besides providing reliable financial consultants, market education, and market analysis.
Our Products
We are a leading provider of derivative brokerage services, offering a wide variety of financial instruments, along with a reliable supply of financial instruments and data, competitive spreads, and superior execution.
Trading Platform
We also offer a multi-asset trading platform globally known as MetaTrader5 (MT5), which can be used to trade all derivative instruments in one place through your smart devices anytime and anywhere connected to the internet.
Our Services
We make sure our clients are able to gain sound experience with our products and trusted trading environment with the most convenient methods besides providing reliable financial consultants, market education, and market analysis.
Our Products
We are a leading provider of derivative brokerage services, offering a wide variety of financial instruments, along with a reliable supply of financial instruments and data, competitive spreads, and superior execution.
Trading Platform
We also offer a multi-asset trading platform globally known as MetaTrader5 (MT5), which can be used to trade all derivative instruments in one place through your smart devices anytime and anywhere connected to the internet.