Kathmandu. The Securities Board of Nepal (SEBON) has directed Nepal Stock Exchange (Nepse) to improve the system. Issuing a press release on Monday, the board directed NEPSE to improve the system.
What has happened to the board to stop the business? The board has also been directed to conduct a study on the matter.
‘… The board has directed NEPSE to conduct necessary study and inquiry into the adverse situation that led to the suspension of securities trading and submit a report with corrections to prevent recurrence of such incidents. “,” the board said in a statement.
The Board has also said that serious attention has been drawn to the situation where 72 brokers had to suspend the transaction due to a technical problem in the data center with server of 72 broker companies.
Similarly, the board has also deputed a 5-member team of under the leadership of the Deputy Executive Director of the Board to investigate the matter. Board’s release:
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