Need to Leave open Demate Account after Market with 30 Minutes Conduct the Auction Market

August 22nd, 2023

Kathmandu, Stock Exchange Broker Association of Nepal has demanded to Stock Exchange Board to build up strong market. Extension or contextual condition regarding to submitted own request letter by Association.

Association of chairman Sagar dhakal Hand over to Nepal Stock Exchange Executive Board’s chairman Ramesh dhakal,

Nepal Stock Exchange’s Board committee passed professional supervision e-regulation 2079 having the some issues default condition toward the capital market. Dhakal suggesting that It makes face with negative marketing development and extend. Due to passed regulation 2079 should be revision demand that.

Stock Exchange broker supervision regulation 2079. Code of 27, on sub-code of 3, Three day suspend provision should be revision from 3 day to extend 15 day.

Thus, system of 15 day suspend who are affiliated investor from this profession should create disclose of company or company’s member make it implement cash penalty.

Before the share transaction in name of family would be pre- permission from the NEPSE. Transaction in regulation’s sub-listing-9, law and order index No 10 and 11 should be implementation stated in letter

Its a fully disclose or member, broker company, shareholder, employee or families fixed from own company only transaction. Said chairman dhakal regarding issues are effective.

Later investor having the close out defection 20% penalty paid. out of 20% fine constraint manage its or close out to eradicate the regular market period and after closing hour managed to minimum 20 minute conduction to auction market demanded that.

Later stock exchange from the board have to implement regarding to 2 demate account direction. Risk management’s as a form of compulsory tools laying account according to need to leave demand openly

Nepal Stock Exchange Board later conducting the Broker commission may study in these context about investors. Differential medium broker, regulator body, having the gap and lack of coordination and gap of discussion should be continue. and should consider commission or fees.

Those of investor country or foreign country transaction with demate account or should open accounting period. Video kyc and along with implement the given suggest he requested.

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