KATHMANDU, APRIL 12
Stock brokers have announced they will bring Trade Management System (TMS) into operation from July 16.
According to the Stock Brokers' Association of Nepal (SBAN), the work of localisation and customisation has been accelerated to bring the TMS system into operation. The association has stated that the investors will be able to use the system from July 16 if they get proper support from the concerned authorities.
It is a multi-asset, multi-exchange trading platform in a joint venture of entrepreneurs to provide efficient services, manage the risks inherent in the business and end the grief faced by the investors while trading.
Moreover, the system will allow trading simultaneously on more than one stock or derivatives exchange.
It is also said that the mobile application of this system will make it easier for investors to do business.
The data will be kept in this system so that basic and technical analysis of economy, market and listed firms can be done. Investors will be able to view the entire account of their business and their portfolio and profit and loss status through this system.
Order management features such as stop loss, tech profit, aftermarket order or high frequency trading will make trading much easier, SBAN has stated.
Similarly, SBAN has requested the investors to go to their brokers' office and collect cheques if they are not getting their payment.
A version of this article appears in the print on April 13, 2021, of The Himalayan Times.