The Bangladesh Securities and Exchange Commission (BSEC) is working to form a committee for reducing time-maturating transactions in the stock markets.
It will form the committee soon with representatives of DSE, CSE, CDBL, brokerage firms of the capital market, along with representatives of Bangladesh Bank and other related institutions, to resolve the settlement time of the existing share transactions of the capital market.
The committee will recommend ways for more quick settlement of the transactions of market stakeholders including investors.
The matter was discussed in a meeting of BSEC with Capital Market Reform Task Force, Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and Central Depository Bangladesh Limited (CDBL) held at BSEC Building in Agargaon in the capital on Saturday.
In the meeting, BSEC Chairman Khondokar Rashed Maksood, Commissioner Mohsin Chowdhury, Md. Ali Akbar, Farzana Lalarukh, concerned officials of BSEC, all members of the capital market reform task force, a delegation led by the MD of DSE, a delegation led by CRO of CSE and a delegation led by MD of CDBL were present.
