Yuanta Securities (Cambodia) Plc received an extension of Liquidity Provider (LP) status from the Cambodia Securities Exchange (CSX) for common stock in the Phnom Penh Autonomous Port.

According to a statement released on Monday by the CSX, the validity of the extension will last for two years and will come into effect from December 21 this year.

A liquidity provider is required to enter bid-ask orders to permanently reduce the bid-ask spread to 10 tick sizes or lower during the continuous session.