Dhaka Stock Exchange (DSE) will introduce online trading systemBy
The Dhaka Stock Exchange (DSE) will introduce online trading system within six months to expedite stock trading, the DSE chief said Tuesday.
“We’ll try to translate internet-based trading system into reality within six months,” Rahman said adding that the settlement period will be reduced to one day from the existing three days following the central bank’s approval of online money transaction from one bank to another.
Internet-based or online trading system means buying and selling stocks by giving the order through internet, usually on a broker’s form. Confirmation is done by mail or e-mail.
Through this system, anybody can observe the market situation on the internet and place buy and sale order through one’s respective broker.