DSE set to start e-trading Sunday
Dhaka, June 9 (UNB) - Dhaka Stock Exchange (DSE) enters electronic trading (e-trading) era on Sunday with the use of new software MSA Plus, which the bourse leaders think, will help the traders have their control over trading.
The Securities and Exchange Commission (SEC) Chairman Prof Dr M Khairul Hossain will formally inaugurate the software at a function at 9:30 am, DSE Deputy General Manager (Public Relations) M Shafiqur Rahman said on Saturday.
The premier bourse president M Rakibur Rahman will preside over the function. The DSE leaders, including its chief executive officer Dr Mosharraf M Hussain, will also attend it.
The bourse leaders said the MSA Plus is trader-friendly software which will help the investors place ‘buy or sale orders’ of their shares through the internet from any part of the world.
The investors from any part of the world can buy and sell shares from 10:30 am to 2:30 pm (BDT) through the system.
Officials involved in the process hoped that the participation of investors would be increased significantly following the introduction of the system.
The premier bourse took the initiative to support the government plan of ‘Digital Bangladesh.’
Presently, DSE is maintaining a safe network structure to facilitate its 218 member firms from 1,400 locations around the country through 3,700 terminals.
The automated trading system of the DSE was introduced in 1998 which was followed by various steps and modernization.
The new software was scheduled to be in place in April 2011 and in May 2012 but the DSE failed to maintain the schedule twice.
The DSE authorities experimented several tests like User Acceptance Test, Training of the IT Officers of the security houses, Authorized Trader Training and several mock trading before taking the final decision to introduce the latest software.
The Securities and Exchange Commission (SEC) Chairman Prof Dr M Khairul Hossain will formally inaugurate the software at a function at 9:30 am, DSE Deputy General Manager (Public Relations) M Shafiqur Rahman said on Saturday.
The premier bourse president M Rakibur Rahman will preside over the function. The DSE leaders, including its chief executive officer Dr Mosharraf M Hussain, will also attend it.
The bourse leaders said the MSA Plus is trader-friendly software which will help the investors place ‘buy or sale orders’ of their shares through the internet from any part of the world.
The investors from any part of the world can buy and sell shares from 10:30 am to 2:30 pm (BDT) through the system.
Officials involved in the process hoped that the participation of investors would be increased significantly following the introduction of the system.
The premier bourse took the initiative to support the government plan of ‘Digital Bangladesh.’
Presently, DSE is maintaining a safe network structure to facilitate its 218 member firms from 1,400 locations around the country through 3,700 terminals.
The automated trading system of the DSE was introduced in 1998 which was followed by various steps and modernization.
The new software was scheduled to be in place in April 2011 and in May 2012 but the DSE failed to maintain the schedule twice.
The DSE authorities experimented several tests like User Acceptance Test, Training of the IT Officers of the security houses, Authorized Trader Training and several mock trading before taking the final decision to introduce the latest software.
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