Nepal Investors Forum expresses disappointment in failure to introduce online trading

Nepal Investors Forum has been requesting time and again to implement necessary reformations in Nepal Stock Exchange (NEPSE) in order to further develop capital market. Issuing a press statement, the Forum said that, it was thankful to Securities Board of Nepal (SEBON) and Nepal Stock Exchange for the implementation of margin lending service through brokers, right shares applications through ASBA process, bidding of unclaimed right shares outside the valley and for separating microfinance index from development banks. The Forum has, however, expressed disappointment in NEPSE for failing to implement Online Trading system within NEPSE’s own earlier set date of Kartik 21, 2074. Stressing that failure to introduce online trading system will be a huge hindrance for development of capital market in Nepal, the Forum has strongly demanded for it to be implemented. The Forum has also demanded the authorities including Nepal Rastra Bank and SEBON to make necessary provisions for investors to apply for auctions from all BFIs in Nepal, and not just limited to the 7 cities.