Brokers start RWS operation in 6 more branches outside Kathmandu

Mon, Mar 27, 2017 11:08 AM on Latest, Featured, Others, Stock Market,
Brokers have brought their Remote Work Stations (RWS) into operation in 6 newly opened branches from yesterday (Chaitra 13, 2073). Nepalgunj, Butwal, Narayangad, Banepa, Biratnagar and Birtamod branches were brought into operation from yesterday. Before this, 9 companies had already been providing brokerage services outside the valley.
Broker RWS Turnover (Rs) No. of Transactions
Vision Securities Banepa 399,712 6
Kalika Securities Nepalganj 5,730,867 31
Srihari Securities Birtamode 2,939,140 30
Crystal Kanchanjungha Securities Biratnagar 468,000 1
Imperial Securities Nepalganj 797,500 3
Sani Securities Narayanghat 1,808,026 16

Transactions from RWS on Chaitra 13, 2073

Issuing a press statement, the Stock Brokers Association said that the brokers will expand more branches outside Kathmandu valley in the upcoming days. After establishment of RWS in different parts of country, it will help to grow the financial sector and reach in the secondary market. It will also create investment and job opportunities in these places, added the statement.