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Artex Securities JSC makes official debut
Artex Securities Joint Stock Company made its official debut in Hanoi on August 8, becoming the first securities in Vietnam to provide the securities warning service to its customers.
Accordingly, investors who open accounts at Artex will be supplied with updated information, especially technical information, of the stocks that they are holding via SMS or emails.
Artex has a charter capital of VND 135 billion and is allowed to supply such services as securities investment consultancy, brokerage and self-trading.
According to Phan Van Ha, Artex General Director, the company pays much attention to building a modern transaction software system and equipment as well as value-added services to its customers. The company's electronic board displaying information on
Artex has also partnered with the Bank for Investment and Development of Vietnam to manage deposits by investors via bank accounts.
General Director Ha also stressed Artex's efforts to build a Risk Management Division, a model which is quite new in securities companies in Vietnam, in order to soon recognise risks and manage them, adding that the company has made preparations in both technology and human resource terms for the implementation of "non-floor securities trading" according to the roadmap for domestic securities market development of the State Securities Commission.
Artex was granted a license for establishment and operations on March 3, 2008. Its shareholders include Handicraft and Art Articles Import – Export Joint Stock Company (Artexport), Song Da 9 Joint Stock Company (SD9), Vietnam Engine and Agricultural Machinery Corporation (VEAM) and two individuals, Mr Duong Ngoc Ha and Mr Trinh Van Quyet.
Artex's head office is on the second floor, 2A building, Pham Su Manh street, Hanoi.
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