Nevertheless, the Company's market share grew to 5.65% ranking no. 3 during 2015 with target to grow to at least 6% for 2016. Our strategy is to focus on distributing high quality IPO's to our customers. This has helped significantly in expanding our client base through continuously new account openings. We target to be financial advisors and/or lead underwriters to approximately 4 - 5 IPO's for this year which will be able to allocated to our customers throughout the year.
The Company has also recently launched its 1st Derivative Warrants (DW), with low Implied Volatility and high gearings which was well received from investors. We aim to issue over 60 series within 3 months and target to be top three ranking within 1 year. In addition, the Company targets to be a full digital broker and leader in online trading and moves forward to invest more in online trading system and internal process development to serve our customers' need and lifestyles which presently change to be more digital and social media oriented.
Regarding our regional interest, especially in CLMV countries, we continue to work closely with our local partners to serve our customers. In Cambodia, FSS has a shareholding in SBI Royal Securities which recently closed a major cross border M&A transaction and is currently closing an IPO issue within first quarter of this year. The IPO as well as privatization mandate is expected to enhance the trading value of CSX significantly in the future.
For Myanmar stock market, we are currently considering possible joint ventures with financial institutions but will monitor situation until clearer developments. In Vietnam, increasing numbers of Thai investors are opening accounts to trade and we have arranged programs regularly to bring Thai investors to visit listed companies in Vietnam to get 1st hand information .