CDSC to reduce service charge

Wed, Jun 27, 2012 12:00 AM on Others, Others,



KATHMANDU,June 27:

CDS and Clearing (CDSC) has sought approval from Securities Board of Nepal (Sebon) to reduce its service charges. “CDS and Clearing has requested Sebon for reducing charges under different headings as they believe that the current commission structure will make demat unattractive for investors,” said Sebon’s chairman Baburam Shrestha. “We will approve it only after assessing whether the proposed fee structure is feasible or not,” he said.

Source: THT