India has agreed to support in establishing Central Depository System (CDS) in Nepal. An agreement on technical support of IRs 92 million was signed during the recent visit of Prime Minister Madhav Kumar Nepal to India between Nepal and India's Central Depository Services. After the implementation of Central Depository System, the Nepali capital market will be more transparent and discrepancy rates will be significantly reduced, Nepal Stock Exchange Ltd (Nepse) said.According to Nepse, the implementation of Central Depository System will also increase two-fold the volume of transactions and touch Rs 43.36 billion within six months. "In five years, transactions will have increased to Rs 433.62 billion," Nepse said adding that the market capitalization will also reach Rs 44.31 trillion by that time, if the Central Depository System (CDS) were to come into operation.
The general investors view on this was, Nepse needed growth and changes according to its neighbouring countries, but also thinking whether this will increase more of a gambling nature in investors as the transaction becomes very quick. Please leave your comments.
10 comments:
I think it will bring in more gamblers. who will buy and sell instantly.
It is currently not necessary for nepali economy.
Hey guys!!!
Wanna be a broker of Stock Exchange????
You have option!!! It's Nepal Derivative Exchange invites you as a Broker!!!
Interested???
call me 9841028176, Krishna Giri
email: idkrishna@gmail.com
hello Krishna what are the requirements? I called in ur mobile but not working
Hey guys!!!
Wanna be a broker of Stock Exchange????
You have option!!! It's Nepal Derivative Exchange invites you as a Broker!!!
Interested???
call me 9841028176, Krishna Giri
email: idkrishna@gmail.com
Dear Sajani, Arun and SM
Thank you for your complements!!!
Guysss!!!!
But I don't think it's gamblng...it just an investment, and you know the investment means: it's a kind of sacrifies of money in that hopes to get profit in future but it is not certain. And I am juss talking about to taking a trading membership. It means they are brokers and they help us to make a market to increase the investors.
And SM if you really interested to to invest!!! call me 9841028176...it's perfectly working me... try once again...see u. if it wouldn't work call me at 01-6223715
okay guyss hope are positive....towards the commodities market.
if companies keep growing then its not bad to have CDS. We need to go with time
what do we trade in derivatives markets? Krishna Giri ji.. can u tell us brief?
Prabash jee,
its difficult to understand here what is exactly a derivative and what derivative trades!!!
it will be better that if you are in nepal, please call me once @ 9841028176 or 01-4469999 or 01-6223715.
thank you prbash jee!!!
Krishna giri ji why don't you write a brief about derivative and commodity markets on this blog so that everyone interested can get to know about it.
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