DSE welcomes BSEC move to empower stock exchanges

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DSE welcomes BSEC move to empower stock exchanges

B Mirror Report: The Dhaka Stock Exchange (DSE) has welcomed a new directive from the Bangladesh Securities and Exchange Commission (BSEC) allowing stock exchanges to determine and implement market control parameters under their own rules and regulations.

In a statement issued on Thursday, DSE said the directive marks a significant step toward improving the efficiency and governance of Bangladesh’s capital market.

The BSEC issued the order on July 1 under Section 20A of the Securities and Exchange Ordinance, 1969, authorizing the Dhaka and Chittagong stock exchanges to set market control parameters aimed at ensuring investor protection, maintaining fair and transparent trading, and supporting overall market development.

Under the directive, DSE and CSE may determine operational market parameters based on their regulatory frameworks and operational requirements. Any changes to these parameters must be reported immediately to the BSEC and communicated to market participants.

The commission also said existing market control parameters will remain in force until further notice.

DSE described the decision as an important milestone that will strengthen the exchanges’ operational autonomy and help align Bangladesh’s capital market with international standards.

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