A report on Dhaka Stock Exchange
Intoduction
Stock or Share is the smallest part of ownership of an asset/company/firm. Stock exchange is a organized place or arrangement where the buyer and seller is broughttogether so they can buy sale their stocks/share. For example Dhaka Stock Exchange has aelectronic trading system called TESA and Chittagong Stock Exchange has an electronic tradingsystem called VECTOR. These two system work as an arrangement to help buy/sale of listed securities.
The Securities and Exchange Commission is the regulatory body of Bangladesh capital market. Stock exchanges are called capital market as companies raise capital from here. SEC defines working process and rules and policies under which the stock exchanges will operate.
Dhaka Stock Exchange (DSE) Ltd.
The Dhaka Stock Exchange (DSE) is registered as a Public Limited Company and its activities are regulated by its Articles of Association rules & regulations and bye-laws along with the Securities and Exchange Ordinance - 1969, Companies Act - 1994 & Securities & Exchange Commission Act - 1993.
Brief History: The necessity of establishing a stock exchange in the then East Pakistan was first decided by the government when, early in 1952, it was learnt that the Calcutta Stock Exchange had prohibited the transactions in pakistani shares and securities. The provincial industrial advisory council soon thereafter set up an organizing committee for the formation of a stock exchange in East Pakistan. The location of the exchange it was thought should be either Dhaka, Narayanganj or Chittagong. Although incorporated in 1954, the formal trading was started in 1956 at Narayanganj after obtaining the certificates of commencement of business. But in 1958 it was shifted to Dhaka and started functioning at the Narayangonj Chamber Building in Motijheel C/A. On 1.10.1957 the stock exchange purchase a land measuring 8.75 kattah at 9F Motijheel C/A from the government and shifted the stock exchange to its own location
Stock or Share is the smallest part of ownership of an asset/company/firm. Stock exchange is a organized place or arrangement where the buyer and seller is broughttogether so they can buy sale their stocks/share. For example Dhaka Stock Exchange has aelectronic trading system called TESA and Chittagong Stock Exchange has an electronic tradingsystem called VECTOR. These two system work as an arrangement to help buy/sale of listed securities.
The Securities and Exchange Commission is the regulatory body of Bangladesh capital market. Stock exchanges are called capital market as companies raise capital from here. SEC defines working process and rules and policies under which the stock exchanges will operate.
Dhaka Stock Exchange (DSE) Ltd.
The Dhaka Stock Exchange (DSE) is registered as a Public Limited Company and its activities are regulated by its Articles of Association rules & regulations and bye-laws along with the Securities and Exchange Ordinance - 1969, Companies Act - 1994 & Securities & Exchange Commission Act - 1993.
Brief History: The necessity of establishing a stock exchange in the then East Pakistan was first decided by the government when, early in 1952, it was learnt that the Calcutta Stock Exchange had prohibited the transactions in pakistani shares and securities. The provincial industrial advisory council soon thereafter set up an organizing committee for the formation of a stock exchange in East Pakistan. The location of the exchange it was thought should be either Dhaka, Narayanganj or Chittagong. Although incorporated in 1954, the formal trading was started in 1956 at Narayanganj after obtaining the certificates of commencement of business. But in 1958 it was shifted to Dhaka and started functioning at the Narayangonj Chamber Building in Motijheel C/A. On 1.10.1957 the stock exchange purchase a land measuring 8.75 kattah at 9F Motijheel C/A from the government and shifted the stock exchange to its own location