NEPSE blocks 16 brokers for non-settlement of cash
Wed, Jul 9, 2014 12:00 AM on Others,
ShareSansar, July 9:
Nepal Stock Exchange Limited (NEPSE) has taken action against 16 broker companies for non-settlement of cash.
They will, however, be able to resume trading at the share market once they settle the dues.
Those facing action are brokers # 3, 10, 16, 18, 26, 29, 35, 36, 37, 38, 39, 44, 47, 48, 49 and 55.
They may not be able to perform trades today due to non-settlement of cash.
This is, however, not the first time the brokers have faced this type of penalty.
