Call for reforms in NEPSE automated system

Aarthiknews

Kathmandu, Nov 26 . Share investors have demanded an immediate reform in the fully automated system introduced recently by the Nepal Stock Exchange (NPESE) Ltd. The shareholders today assembled at the NEPSE office to press authorities concerned to make immediate interventions to upgrade the system.

They have also demanded their access to the use of personal user accounts and password. Presently, they do the business through share brokers. The domestic share market switched to an online system on November 6. The members got annoyed following problems in the system due to technical causes on Sunday.

At the call of Nepal Investors Forum, Share Investors Association of Nepal, Nepal Capital Market Investors Association and Nepal Capital Market Association, the investors have been demanding strategic interventions for reforms in capital market and its expansion.

NEPSE chief executive office Chandra Singh Saud admitted that the system encountered with some technical difficulties in the beginning and such issues would be addressed gradually. He pledged to provide personal user account and password to all investors once they became used to in the new system.

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