Kathmandu. The process of allowing the Trade Management System (TMS) securities broker company to link the investor's share purchase order to the main trading system of the Nepal Stock Exchange (NEPSE) has moved forward. According to the criteria prepared by Nepse to facilitate investors to trade shares online, preparations have been made to allow brokers to operate TMS by developing the system with their own investment or by buying from abroad. Brokers are now using TMS leases developed by Nepse.

Although this process has been started for one year, it was stopped for a few months due to the absence of the Chairman of the Nepal Securities Board (Cebon) and the Chief Executive Officer (CEO) of Nepse. With the appointment of Ramesh Hamal as the chairman of Cebon and Krishna Bahadur Karki as the CEO of Nepse, the process of allowing the broker to operate his own TMS has been taken forward.

 Brokers are now using the system developed by Nepse. Once approved to operate TMS, the broker will be able to develop the system itself or purchase a system operated abroad. The trading regulations are being amended with the choice of brokers to use their own TMS or Nepse's TMS.