Sharebarta24.com, Dhaka: The Bangladesh Securities and Exchange Commission (BSEC) will take four initiatives to increase the liquidity flow in the volatile capital market, including providing bond issue (debt securities) to broker houses and merchant bankers. BSEC Commissioner Professor on Tuesday. The commission took the initiative in a meeting with representatives of capital market intermediaries chaired by Sheikh Samsuddin Ahmed.
The meeting was attended by Bangladesh Merchant Bankers Association (BMBA) President Chayedur Rahman, DSE Brokers Association President Sharif Anwar Hossain and representatives of top brokers and merchant banks.
After the meeting, BSEC Executive Director and Spokesperson Mohammad Rezaul Karim said in an audio message that four issues were discussed to increase liquidity in the capital market. One of these is that broker houses and merchant banks will be given the opportunity to issue debt securities (bonds); Which will allow institutions to invest directly and lend margins to customers.
The meeting also discussed the need to invest money in the Capital Market Stabilization Fund, said the BSEC executive director. He said the commission would take a quick decision on how to apply for the stabilization fund in the debt securities of the intermediary institution, including speedy investment.
He also said that everyone present at the meeting agreed that there was nothing to panic about in the fall of the last few days in the capital market. This has happened due to taking profit. Everyone has expressed hope that the stock market will turn around in the future.
Sharif Anwar Hossain, president of DSE Brokerage Association, who was present at the meeting, told the media that bad play was done from a brokerage house this morning. All the shares in their hands have been sold. Although the market was good at first, it did not last long. It will be investigated and tough peaceful measures will be taken.
Source: Share Barta 24 by www.sharebarta24.com.
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