Two investors look at stock prices on a laptop in HCM City. — Photo courtesy of Vietnambiz.vn
HÀ NỘI — The new information technology system for the entire stock market, known as KRX, is expected to be put into operation this year, according to the Hồ Chí Minh Stock Exchange (HoSE).
The move aims to tackle system overloads which have troubled investors recently.
The implementation of KRX project was delayed last year due to the COVID-19 pandemic. HOSE would use all available resources to accelerate the implementation of the project this year, it said.
The new system is set up by HoSE with support from the South Korea Exchange, meeting the requirements for Việt Nam’s stock trading, including market information, market surveillance, clearing, settlement and depository and registration.