Ho Chi Minh City Stock Exchange (HoSE) has just announced that with the agreement and approval of the Vietnam Stock Exchange and the State Securities Commission, HoSE officially put into operation the new information technology system on the Vietnamese stock market (KRX System) from May 5, 2025.
HoSE recommends that market members focus on allocating sufficient resources to put the KRX System into operation as planned; strengthen supervision, dissemination, and propaganda to investors about the new features of the System, ensuring a safe, continuous, and stable trading market.
At the same time, we hope to receive close and active cooperation from market members, businesses, investors, news agencies and the press, creating conditions for the KRX System to operate safely, smoothly and effectively.
Previously, on April 12 in Hanoi , the State Securities Commission held a conference to assess the preparations of market members to put the KRX System into operation. At the conference, many representatives from securities companies, custodian banks, and designated payment banks shared about the readiness to connect to the KRX System.
In mid-March, the State Securities Commission said that the KRX System will allow room holding until T+3. The KRX System will be deployed after members test it, with an expected operational time of May or June 2025.
With the urgency of HoSE, the KRX system is expected to be put into operation, attracting foreign capital flows, and Vietnam's securities will soon be upgraded to an emerging stock market. At the same time, it will contribute to building a sustainable capital market.
Source: https://doanhnghiepvn.vn/kinh-te/chung-khoan/ngay-5-5-hose-chinh-thuc-van-hanh-he-thong-krx/20250424035020959
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