Investors demand reforms in NEPSE automated system

KATHMANDU: Share investors have demanded an immediate reform in the fully automated system introduced recently by the Nepal Stock Exchange (NEPSE).

Stakeholders assembled at the NEPSE office on Monday to press  concerned authorities to intervene and upgrade the system.

The domestic share market switched to an online trading system on November 6. However, investors are now annoyed because of technical glitches.

At the call of Nepal Investors Forum, Share Investors Association of Nepal, Nepal Capital Market Investors Association and Nepal Capital Market Association, the investors have been demanding strategic interventions for reforms in capital market and its expansion.

NEPSE chief executive office Chandra Singh Saud admitted that the system encountered some technical difficulties in the beginning and such issues would be addressed gradually.