Ownership Structure of Cse

Topics: Stock market, Stock exchange, Security Pages: 2 (402 words) Published: January 6, 2013
Ownership structure of CSEOwnership structure
The Chittagong Stock Exchange (CSE) has a mutual ownership structure and is organized in the form of a company limited by guarantee and incorporated under the Companies Act 1994 and licensed by the Securities and Exchange Commission of Bangladesh to operate as a Stock Exchange in Bangladesh. It functions as a not-for-profit organization. The Chittagong Stock Exchange (CSE) began its journey in 10th October of 1995 from Chittagong City.

2.5.2 Mission of CSE
The Chittagong Stock Exchange believes that a dynamic, automated, transparent stock exchange is needed in Bangladesh. It works towards an effective, efficient and transparent market of international standard to serve and invest in Bangladesh in order to facilitate the competent entrepreneurs to raise capital and accelerate industrial growth for overall benefit of the economy and keep pace with the global advancements.

2.5.3 Objectives of CSE
* Develop a strong platform for entrepreneurs raising capital; * Provide a fully automated trading system with most modern amenities to ensure: quick, easy, accurate transactions and easily accessible to all; * Undertake any business relating to the Stock Exchange, such as a clearing house, securities depository center or similar activities; * Develop a professional service culture through mandatory corporate membership; * Provide an investment opportunity for small and large investors; * Attract non-resident Bangladeshis to invest in Bangladesh stock market; * Collect preserve and disseminate data and information on stock exchange; * Develop a research cell for analyzing status of the market and economy. 2.5.4 Regulatory Structure Overview:

The regulatory structure shows the regulatory hierarchy of CSE. The Structure is given below: Parliament
Ministry of Finance
Securities & Exchange Comission
Chittagong Stock Exchange

Source: CSE Website

2.5.5 Listing Data
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