First derivatives market and central counterparty clearing house launched in Vietnam

GMEX Technologies, a provider of multi-asset exchange and post trade technology covering, announced the launch of the first derivatives market and fully integrated central counterparty (CCP) clearing house in Vietnam on August 10. The project was completed in collaboration with FPT Information System (FPT) based in Hanoi, which provided local implementation support and project management. "The Vietnam Government wanted to develop a derivatives market in a quick timescale and cost effectively to