Proposed budget seems to be a challenging one: BCI
— June 13, 2022Anwar-ul Alam Chowdhury (Parvez), President of Bangladesh Chamber of industries (BCI) said that the proposed budget seems to be challenging…
Staff Correspondent: The Dhaka Stock Exchange (DSE) has started the mock trading of MSA plus software ahead of introducing e-trading on the bourse.
After the completion of mock trading, the DSE will introduce the system by next September, DSE officials said.
DSE president Shakil Rizvi formally inaugurated the mock trading programme of MSA plus at DSE Training Academy on Wednesday.
Investors will be the self regulator after the implementation of MSA pus, he added.
He also said it will bring transparency accountability in the market.
Through the e-trading system, the investors will be able to make buy or sell order from anywhere in the world through internet connection, Rizvi said.
Only the authorised representatives with dedicated ID numbers, will be able to do the practice of mock trading, DSE officials informed.
The main advantage of MSA plus software is to make sell or buy order online where investors will have online access to trading information, including balance and number of shares. Each investor will get a code to use the software to trade online.
The mock trading will continue for 21 days with participation of delegates from brokers. Mock trading will take place from 4:00 pm to 5:00 pm everyday.
DSE is using the “TESA Trading Software (Client Part) MSA” system for share transaction, and it is now work on the MSA-Plus system for electronic trading.