Could we buy stocks through online in NEPSE within the month of Kartik; know the latest update of an online trading system

Nepal Stock Exchange (NEPSE) is in the final preparations to implement the full-fledged self-driven online stock trading system. In the month of September, NEPSE has urged all the brokers as well as the investors to participate in the mock online trading system, which was a replica of the original trading system.

Now, the NEPSE is set to give the orientation from tomorrow (Wednesday) to the brokers for the online trading system. NEPSE had called all the 50 stockbrokers to participate in the training and the training will be conducted for three days. The official said, "Until all the brokers are comfortable with the system, we will not bring online trading into an operation".

The NEPSE is in the attempt to bring the full-fledged online trading system by the month of Kartik. NEPSE and Brokers are in the rigid preparation for the smooth implementation and operation of an online trading system.  

What can we expect after the introduction of an online trading system?

Currently out of 91 branches of brokers only 41 is operating outside Kathmandu valley. After, the implementation of the system the reach of the secondary market will spread to every corner of the country. When investor could buy or sell the stock on their then the turnover, charm and market is most likely surged up. The history of the online trading system around the globe also supports the bull trend after its implementation. Above all, Nepal is the remittance dominated country thus all the Nepalese working abroad are free to invest in the secondary market and that will bring the positive changes in the capital market of Nepal.