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“Since our industrial relationship with Nasdaq was established in 2014, DSE has continued to evolve in step with our ambition to grow to be the main change within the area and a key driver of development for the broader financial system.”
Dhaka Inventory Change (DSE) and Nasdaq have prolonged their buying and selling expertise partnership, which incorporates an improve of Nasdaq´s X-stream INET with a view to accommodate the growing buying and selling exercise of the change with maintained market resiliency and investor integrity.
The DSE as we speak has over 300 brokering intermediaries and processes round 400,000 fairness trades per day in its 650+ listed securities with a mixed market cap of round 73 billion USD.
Final 12 months, the DSE launched a brand new Different Buying and selling Board (ATB) and an SME market. The improve of its buying and selling system might be an integral a part of the change’s efforts to develop additional.
Nasdaq’s buying and selling expertise powers greater than 2,300 corporations in 50 international locations, together with capital markets infrastructure operators, market contributors, banks, and regulators.
A journey in constructing a world-class monetary market
M. Shaifur Rahman Mazumdar, Performing MD of DSE, mentioned: “Since our industrial relationship with Nasdaq was established in 2014, DSE has continued to evolve in step with our ambition to grow to be the main change within the area and a key driver of development for the broader financial system. By additional investing in Nasdaq´s world-class expertise we’re assured that we are going to stand even higher geared up to additional empower buyers trying to implement subtle buying and selling methods and entrepreneurs trying to increase capital with a view to develop their corporations and create jobs.”
Virginie Barbot, Managing Director for Market Know-how, Southeast Asia and Pacific at Nasdaq, commented: “Nasdaq is proud to have been trusted with deepening our already robust expertise partnership with DSE. By leveraging Nasdaq´s strong and versatile expertise options, DSE will be capable to proceed rising its monetary footprint in South Asia whereas making certain investor safety, entry to capital for corporations within the area in addition to thrilling alternatives for each native and world buyers. We sit up for taking this subsequent step in our joint journey in constructing a world-class monetary market that may proceed to profit the area, the Bangladeshi financial system and world monetary markets.”
Dhaka Inventory Change Restricted is the principle and largest inventory change of Bangladesh, boasting over 650 listed securities with a mixed market capitalization of round US $ 73 billion.
Fouded in 1956, the DSE’s main features embrace itemizing of securities, settlement of buying and selling, granting approval to the transaction/switch of share outdoors the buying and selling system of the change, Market Administration & management, market surveillance, and monitoring the actions of listed corporations.
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