Glitches on NEPSE's website; mock trading loses its essence; puzzled investors; clueless brokers; unaccountable authorities- Whom do we blame?

Mon, Nov 12, 2018 10:45 AM on Stock Market, Exclusive, Latest,

NEPSE's online trading was supposed to be the new milestone in the secondary market of the country. This initiation brought a lot of hopes among investors. The features of online trading were thought to be such that they would bring in ease and convenience among investors for payment, order placement and many more. On the contrary, after implementing online trading, investors are not even able to observe price of stocks since last two days.

Although online trading experience is the first time experience in Nepal, certain glitches could still be acceptable. However, the problem here is simply not about glitches but also a major communication gap between investors and NEPSE. NEPSE has not released any sort of notices that communicates the cause of the problems being faced by investors. NEPSE's absence of accountability in such situation is being called as "irresponsible" by the investors.

Moreover, lakhs of investors are not able to access data from the website since last two trading days. Among 52 brokers, not even single brokers have answer to the problem faced. The mock trading had been conducted so that investors do not have to encounter such problems. In reality, the essence of mock trading has been lost as investors are facing hurdles due to such glitches.

There has been no message conveyed by SEBON and NEPSE towards the issue. Investors are exchanging messages among each other, visiting brokerage firms, calls are being bombarded among veteran investors and brokerage agents just with a hope to at least get an update on "what is happening?" However, not even one single body has come forward related to the issue.