Monday, June 17, 2013

Nepse bars brokers from trading

Nepse has halted trading of some seven brokers as they have failed to
settlement cash on time.
According to the Nespe, broker number 1, 8, 10, 19, 21, 38 and 46 could not perform their trading today because of their dues.
The brokers have to clear the settlement within the three days of the share trading, which is said T+3 in its own language. However due to various reasons, the brokers have been repeatedly failing to clear settlements within three days.

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