Ho Chi Minh Stock Exchange launches new trading platform with CMA-developed CSD
The Ho Chi Minh Stock Exchange (HOSE) has officially launched its next-generation trading platform, marking a major milestone in the modernization of Vietnam's capital market infrastructure.
0
A key component of this transformation is the successful deployment of a Central Securities Depository (CSD) solution delivered by CMA Small Systems AB to the Vietnam Securities Depository and Clearing Corporation (VSDC).
Vietnam's capital market has witnessed rapid growth in recent years, with over 9.6 million investor accounts as of April 2025. The scale, complexity, and ambition of this project demanded a flexible, highly secure, and feature-rich depository platform capable of supporting high-volume, real-time operations and seamless integration with the new trading engine co-developed with the Korea Exchange (KRX).
The new CSD solution, based on CMA's DEPO/X platform, is now fully operational at VSDC. It covers a comprehensive range of post-trade functionalities including dematerialization, real-time settlement, corporate actions processing, registry services, and support for T+0 settlement cycles. The system is fully compliant with ISO 20022 messaging standards and includes a dedicated Securities Lending and Borrowing (SLB) module, expanding market liquidity and enhancing risk management.
'Vietnam's capital market required a solution that could meet both current demands and future ambitions,' said Bulat Nizamov, Director of Capital Markets Products at CMA. 'With DEPO/X, we delivered a system tailored to the local context while fully aligned with international best practices. The inclusion of advanced modules like SLB and T+0 settlement makes it one of the most forward-looking CSD implementations in the region.'
'This achievement highlights our ability to deliver mission-critical financial infrastructure for complex and rapidly developing markets,' said Maxim Neshcheret, Regional Director for Asia-Pacific and Central Asia at CMA. 'It further validates the strength, flexibility, and maturity of our DEPO/X solution and reconfirms CMA's position alongside major providers of exchange-integrated CSD platforms such as Nasdaq and Tata Consultancy Services (TCS).'
With over 25 national CSD installations worldwide, CMA is one of the most trusted global providers of depository and registry solutions for stock exchanges, central banks, and financial market infrastructures—especially in high-growth and emerging markets.
The successful launch reflects strong cooperation between HOSE, VSDC, domestic stakeholders, and international partners. It reinforces Vietnam's readiness for broader market participation, regional integration, and sustainable capital market development.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Scottish Sun
2 days ago
- Scottish Sun
Drivers warned that higher petrol prices at the pump could hit in 14 days – how to reduce your bill
It marks the end of a four-year streak of low fuel prices FUEL FURY Drivers warned that higher petrol prices at the pump could hit in 14 days – how to reduce your bill Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) DRIVERS are being warned that petrol prices could rise within 14 days as global oil prices soar. Brent crude oil jumped nearly 10% before settling 7% higher at $74 a barrel, following Israel's attack on Iran's nuclear programme last night. Sign up for Scottish Sun newsletter Sign up 1 In general, if the exchange rate stays the same, a $2 change in oil prices usually leads to a 1p per litre change at the pump Credit: PA Experts say this marks the end of the cheapest petrol prices in the UK in four years, with wholesale costs already up by 3p per litre in the past week. Luke Bosdet, spokesperson for the AA, said: "Bottom-line, the falls in the average pump price of petrol that took it down from 139.8p a litre in February to 132p this week will come to an end." This increase was already expected, as the AA warned in May that wholesale prices tend to rise during the US summer driving season, when demand for petrol increases. However, Israel's attack overnight has added more pressure on fuel prices. Luke added: "Inevitably, conflict in the Middle East forces up the price of oil and threatens higher pump prices in the UK." That said, it typically takes around two weeks for changes in wholesale fuel costs to be reflected at the pump, as fuel needs time to move through the supply chain to petrol stations, according to the RAC. In general, if the exchange rate stays the same, a $2 change in oil prices usually leads to a 1p per litre change at the pump. To help lessen the impact of rising pump prices, Rhydian Jones, a car insurance expert at advised drivers to shop around for the best deals to save money. He added: "Simple changes to your driving habits can help reduce fuel consumption and cut down how often you need to fill up. "These include removing unnecessary weight from your car, keeping tyres properly inflated, driving gently without overusing the accelerator, keeping windows closed, and avoiding idling whenever possible." Israel launches strike on Iran as explosions rock Tehran and state of emergency declared over nuclear threats How can I find the cheapest petrol stations? Websites like can help you find the cheapest petrol stations near you. The site covers over 3,800 petrol stations using CMA data, providing daily price updates for unleaded, diesel, super unleaded, and premium diesel. To use it, simply register, enter your postcode, choose how far you're willing to travel (up to 20 miles), and select your fuel type. Keep in mind, you can only search the website five times a day, but downloading the app gives you unlimited searches. Your savings will depend on how often you fill up, which varies based on how frequently you use your car. Prices also differ by location and change week to week, so it's always worth checking to make sure you're getting the best deal. isn't the only option for comparing fuel costs. Fleet News and Allstar also offer tools to check petrol prices across different counties, letting you see how your area compares to the UK average. Plus, has a petrol price checker for registered users, allowing them to find fuel prices within a 5, 10, or 25-mile radius.
Reuters
2 days ago
- Reuters
Britain says Google's online-ad commitments no longer needed
LONDON, June 13 (Reuters) - Britain's antitrust regulator said commitments it secured from Google (GOOGL.O), opens new tab in 2022 related to online advertising were no longer needed after the tech company decided against a standalone prompt for third-party cookies in April. The Competition and Markets Authority (CMA) had been concerned that Google's original plan to downgrade third-party cookies could have weakened competition in digital advertising. In 2022 it accepted commitments from Google that addressed its concerns about its "privacy sandbox" proposals, specifically around plans to remove some third-party cookies from its Chrome browser. "The CMA believes the commitments are no longer necessary and is now consulting before it takes a decision on whether to release them later this year," it said on Friday.
Daily Mail
3 days ago
- Daily Mail
Netflix users slam new update
Published: | Updated: Netflix users around the world are lashing out over a new update that many say has ruined their viewing experience. The streaming giant, which boasts over 300 million subscribers , has rolled out a redesigned user interface (UI) to deliver better recommendations and a more personalized experience. However, the update has triggered a wave of frustration, with some subscribers calling it 'diabolical.' 'Netflix has destroyed the app. Worst UI redesign ever. Everyone needs to cancel,' one user posted on X. Users are now presented with enlarged title cards, the rectangular graphics that preview shows and movies, which they said takes up more screen space and reduces the number of titles visible at once. Previously, users could scroll through multiple rows of compact tiles. The 'clunky' title boxes have also taken the place of key features that users said helped them find movies and shows easily. 'Netflix's update is diabolical. Where the hell is the 'Coming Soon' section?!' another frustrated user shared on X. Chief Technology Officer Elizabeth Stone emphasized the company's focus on merging technology with entertainment, calling it Netflix's 'superpower' that improves user connection with shows and movies. The streaming giant believes the new experience will save users from overwhelming situations, like choosing what to watch, by providing tailor-made suggestions for them. In the previous version, shortcuts like Search and My List were located on the left side. Now, shortcuts to Search, Shows, Movies, Games, and My Netflix are located at the top of your screen and always visible. The revamped homepage introduces multiple rows of content that update based on a user's viewing habits. For instance, someone watching a romantic comedy may suddenly see an entire section dedicated to similar films. 'The new Netflix TV experience is still the one you know and love, just better,' Chief Product Officer Eunice Kim said. Despite the company's promises, many users are taking to social media to complain that the update has worsened their viewing experience. 'Whoever's job it was to update Netflix UI, I'm praying for a resignation in the coming weeks. IT LOOKS TERRIBLE,' an X user shared. On Reddit, where user experience discussions often gain traction, subscribers echoed the frustration. One described the update as 'so dire' they were considering canceling their subscription. Another added: 'It was so slick and easy to use before. Now it's so clunky.' Some subscribers have even launched a petition urging Netflix to revert the layout, arguing that the new interface shows only three to four titles per screen, which is a drastic drop from the 20 or more shown previously. While users are outraged, Netflix stands by the design that it said will better accommodate its growing library of movies, TV shows and games. The platform also plans to add generative AI-powered search features, beginning with a beta rollout on iOS. The new AI-powered search tool will let users find content using natural language — for example, typing 'I want something funny and upbeat' instead of searching for specific titles. Despite the backlash, Netflix appears committed to the redesign. The company said internal testing showed strong user engagement, suggesting confidence that the interface will grow on subscribers over time. Interestingly, signs of user discontent surfaced months ago. Some began voicing complaints during early beta testing, particularly over the enlarged tiles and the diminished ease of browsing, concerns that have since exploded across social platforms.
