The Dhaka Stock Exchange is the prime bourse of the country. Through its nonstop highly fault-tolerant screen based automated trading system, the exchange can offer facilities for transparent and highly efficient mechanism provisions for secondary market activities of shares, debentures and wide varieties of other securities. The Management of the Exchange is vested with the Board of Directors comprising 12 Members elected from the shareholders of DSE., 12 non-elected independent Directors representing different Institutions, Chambers and professional bodies and the CEO.
The overall operation of the exchange is run by a team of qualified executives. The bourse at present offers trading facilities for 310 securities worth Tk. 323.37 billion which accounts for 6.71% of the GDP of the country. The Dhaka Stock Exchange is the rallying point for enterprises to raise capital in Bangladesh. With a nationwide coverage by 230 brokers and dealers, DSE espouses shared vision of Bangladeshi business all over. The exchange maintains the lead in providing a launching pad for mobilizing savings of the public.
The Dhaka Stock Exchange (DSE) was established as East Pakistan Stock Exchange Association Limited on April 28, 1954. Formal trading of the bourse began in 1956. On June 23, 1962, it was renamed as East Pakistan Stock Exchange Ltd. The name of the stock exchange was once again changed to Dacca Stock Exchange Ltd on May 13, 1964. The service on the stock exchange continued uninterrupted until 1971. The trading was suspended during the liberation war and resumed in 1976 with the change in economic policy of the government.
Since then the bourse did not look back and continued its journey contributing to the development activities of the nation. On August 10, 1998 the DSE introduced screen-based state-of-the-art automated online real-time trading through Local Area Network (LAN) and Wide Area Network (WAN). On January 24,... [continues]
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(2010, 04). Fiancial Market Scenario in Bangladesh. StudyMode.com. Retrieved 04, 2010, from http://www.studymode.com/essays/Fiancial-Market-Scenario-In-Bangladesh-304160.html
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