Nepse provides extra log-in accounts to brokers
Nepal Stock Exchange (Nepse) has provided extra log-in accounts to brokers to speed up and simplify trading in the secondary market.
The extra log-in will come into practice from Sunday as the stock brokers have to add logistic.
Since the trading platform has become old and is creating trouble while trading, the extra log-in is expected to expedite the trading.
Nepse had earlier provided single log-in account for each broker, who has been complaining about difficulty in stock trading in recent months.
Nepse has recently upgraded its software making it possible to provide extra log-in accounts to brokers.
Meanwhile, president of Stock Brokers Association of Nepal Narendra Raj Sijapati said that the extra log-in will make trading process faster for investors as the extra log-in account would enable brokers to work from two different log-in windows to ease trading pressure
The upgraded Nepse software will support 120 log-in accounts.