DSE to launch e-trading by July

Dhaka, Bangladesh (BBN) – The Dhaka Stock Exchange (DSE), the country’s prime bourse, will introduce electronic trading (e-trading) in the stock market by July this year to create a virtual marketplace for share transactions.

Under the e-trading system, stock investors will not have to place buy or sell orders with traders, rather the investors will be able to do it direct from any location after logging into the trading web server using secret passwords.

“We have been working for the last 10 years to introduce the e-trading,” Ahsanul Islam, senior vice-president of the DSE, reportedly said. “Electronic trading will enable investors to trade from home. They won’t have to be present at any brokerage house,” he added.

Currently, the DSE uses “TESA Trading Software (Client Part) MSA” system for share transaction electronically, and it is now working on the MSA-Plus system for electronic trading.

BBN/SSR/AD-31May11-3:04 am (BST) 

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