Vietnam’s long-anticipated KRX trading system is finally set to go live on May 5, marking a breakthrough in market infrastructure and a major step toward modernizing the country’s stock exchange operations, according to a report from the Vietnam News Agency.
Provided by the operator of South Korea’s bourse, the Korea Exchange (KRX), the system can handle 3-5 million orders a day and avoid overloads.
The KRX system is currently in its final testing phase before full implementation. During this period, securities firms are conducting simulated trading sessions as if on a normal trading day. However, the Ho Chi Minh Stock Exchange (HOSE) has instructed market participants to refrain from testing unrealistic or unusual scenarios.
To ensure smooth adoption, HOSE has published comprehensive guidelines on new trading regulations that will take effect along with the system launch. These updates aim to help investors navigate the evolving market landscape with confidence.