Three Banks Receive NEPSE Membership for Operations in Third Phase

Today, the Nepal Stock Exchange (NEPSE) finalized the membership of three more companies making them eligible to operate as securities firm.

In the third phase, Nabil Securities Ltd, Machhapuchhre Securities Ltd and Mega Stock Markets Limited were awarded the brokerage licenses.

Among the recipients, Nabil, Machhapuchhre and Mega were extended licenses as general securities dealer, full operating securities broker service, and limited working securities broker service, respectively.

Currently, 29 companies have received final license from SEBON, while the 17 have received final approval of their NEPSE membership, seven among which have begun trading.

In the same manner, the seven brokerage houses which have begun operations have received a Depository Participant (DP) License from CDS and Clearing Limited.

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