March 10: Securities Board of Nepal (SEBON) has directed share broker companies to facilitate share trading through internet to the share investors. The regulator gave the direction to the broker companies in a bid to make the securities trading easy, transparent, simple, fast and investment friendly.
According to the board, the companies should provide username and password to the investors based on the customer identity (KYC). Similarly, the broker companies should make entry of the trade order received through internet as per the time priority. Moreover, the companies should enable the investors to receive the details/information of their trading through internet.
The board believes that the mechanism will provide ease to the investors while trading and expand the security market.
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