Nepse plans internet trading, to spread wings

Kathmandu, August 19:

Nepal Stock Exchange Ltd (Nepse) has planned to develop Internet Trading software for the convenience of investors.

Similarly, it is developing Brokers’ back office software to make the services of brokers more efficient. The sole secondary market has been in recent days updating itself and trying to expand its activities.

Nepse is also planning to have a display board at New Road or Putalisadak for the public.

“The investors can get the trading report at the public place,” said the Nepse in its plans for the fiscal year 2008-09.

Apart from Kathmandu, it is also planning to start trading in Biratnagar, Birgunj, Bhairahawa and Nepalgunj, the major business hubs outside Kathmandu valley.

“To give more investing opportunities to the investors outside the Kathmandu valley, Nepse is spreading its wing,” said the Nepse.

The past fiscal year was of great importance to the Nepse, as in the period, it started Wide Area Network (WAN) — an extended facility with the help of which brokers can trade from their office.

Similarly, it started giving real time information through its website and started OTC market for the delisted and not listed companies to trade at the Nepse.