NEPSE License to 7 New broker companies in Nepal

Jul Fri 2023 02:41:23

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NEPSE  License to 7 New  broker companies in Nepal

Kathmandu. New brokers have been given certificate (membership) by Nepal Stock Exchange (NEPSE). Neps has also given permission to the companies that have been allowed by the Securities Board to operate after completing the necessary procedures.

The meeting of the Board of Directors of NEPSE Bus on Thursday granted operating permission to 7 broker companies who applied after completing all the procedures. Now the business will start.

7 brokers who got license in the first phase on May 8 got membership. In which Bhole Ganesh Securities Limited, Capital Max Securities Limited, Himalaya Brokerage Limited, Sun Securities Pvt. Ltd., Meo Securities Pvt. Ltd., Sharepro Securities Pvt. Ltd. It is owned by Property Wizard Limited.

The board has given license to 11 companies in the second phase. Elite Stock House Ltd., Infinity Securities Ltd., Index Securities Ltd., Sukhara Securities Pvt. Ltd., Megha Stock Markets Ltd., Hatemalo Financial Services Pvt. Ltd., Money World Share Exchange Pvt. Ltd., Machhapuchhre, Securities Ltd., K.V. L. Securities Ltd, Kalash Stock Market Pvt. Ltd, and Nabil Securities Ltd. Among these, Nabil Securities has given a securities business license. They are in the process of applying for NEPSE membership.