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CB Securities Cooperates with Thomson Reuters

Co-operative Bank (CB) Securities, one of the ten underwriters authorised by the Securities and Exchange Commission of Myanmar to operate on the Yangon Stock Exchange (YSX), announced its cooperation with Thomason Reuters. Thaung Han, Managing Director at CB Securities said, “This is an essential solution for our clients by using this Thomson Reuters Omnesys NEST software as equity trading and other market developments build momentum in Myanmar following the launch of the Yangon Stock Exchange (YSX) in early December 2015. This software will provide our clients with a significant advantage; they will now have the option to diversify their portfolio of assets and invest into quality companies listed on the YSX. CB Securities online trading platform will become even more comprehensive, meeting the needs of every genre of equity investor.” Thomson Reuters, mass media and information firm said, “Its trading solution platform Omnesys NEST software has been selected by CB Securities, a subsidiary of local lender CB Bank. This software is order management software for the securities market used heavily across emerging markets in Asia Pacific, provides users with investment services, news and trading tools. The software offers a combination of global information and execution capabilities, integrated into a single, easy to use application, allowing investors to make trading and investment decisions.”

Alfred Lee, Managing Director of ASEAN Thomson Reuters said, “The recent launch of the YSX marks yet another milestone in the rapid growth and modernization of Myanmar, an exciting growth market for Thomson Reuters Financial and Risk business in Asia Pacific.”

Omnesys NEST will also assist CB customers with their trading and decision-making processes through access to real-time breaking news and analysis through Thomson Reuters Eikon. CB securities online trading portal will provide clients with access to quotes, trading capabilities through Eikon and the ability to do real time charting, historical charting analysis. Clients will also be able to analyze historical data and build their own queries.