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CSE chief speaks on online share trading

Chittagong Stock Exchange (CSE) is expected to introduce online share trading within next three months, CSE president Amir Khasru Mahmud Chowdhury, MP, said.

He explained that CSE would soon strike a deal with a company abroad to ensure monetary transaction through Internet in an easiest way. This will be a completely web-based trading system.

"Internet is so available these days, investors from home and abroad will be able to trade share directly from their own personal computers (PCs) at a cheaper cost," Chowdhury told the bangladeshinfo.com in an exclusive interview.

Expecting a success of the planned online share trading, the businessman-cum-politician believed that the Internet trading would be popular among local investors, especially those who remained busy with other business and could not visit their brokers whenever required.

The CSE president, also the Chairman of South Asian Federation of Exchanges (SAFE), said that the online trading system would help investors to have a market picture from anywhere of the world.

As part of launching the Internet trading, a team of CSE led by Amir Khasru Mahmud Chowdhury, organised a seminar in London recently. They tried to make the non-resident Bangladeshis (NRBs) aware of the Bangladesh capital market. The NRBs welcomed the CSE's initiative with great enthusiasm.

Interview: Mohammad Farukh Ahmad
 
 
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