Nepal Stock Exchange Ltd
Nepal Stock Exchange Ltd (also known as NEPSE) is established under the company act, operating under Securities Exchange Act, 1983. It is the only Stock Exchange in Nepal introduced fully automated screen based trading since 24th August, 2007.
Nepal Rastra Bank, Government of Nepal, Nepal Industrial Development corporation and members are the shareholders of NEPSE.
The NEPSE trading system is called ‘NEPSE Automated Trading System ‘(NATS) which is a fully automated screen based trading system, adopting the principle of an order driven market. The best buy order is matched with the best sell order.
The Exchange has adopted a T+3 settlement system. The trading is done at "T" and at T+1; the buying brokers have to submit bank vouchers for settlement with covering letter. At T+2, the selling brokers have to submit share certificate with covering letter. At T+3, NEPSE prepares billing for payment and it will be forwarded to the bank.
Nepal Rastra Bank, Government of Nepal, Nepal Industrial Development corporation and members are the shareholders of NEPSE.
The NEPSE trading system is called ‘NEPSE Automated Trading System ‘(NATS) which is a fully automated screen based trading system, adopting the principle of an order driven market. The best buy order is matched with the best sell order.
The Exchange has adopted a T+3 settlement system. The trading is done at "T" and at T+1; the buying brokers have to submit bank vouchers for settlement with covering letter. At T+2, the selling brokers have to submit share certificate with covering letter. At T+3, NEPSE prepares billing for payment and it will be forwarded to the bank.