Though Nepal Stock Exchange (Nepse) started the online trading today, the system could not show the transaction due to technical glitch.
Nepse chief executive officer Chandra Saud, however, claimed that the new system has been built as per the 'international standard', the investors and brokers said that they encountered technical glitches, while trading securities on the first day of the full-fledged implementation of the Nepse Online Trading System (NOTS).
Former president of Stock Brokers Association of Nepal (SBAN) Priya Raj Regmi said that the brokers faced technical errors in the new trading process. "The system cancelled some tradings saying insufficient fund," he said, adding that they were also unable to edit the order process that requires investors to start new order process. "We failed to get floor sheet for individual investor also."
According to the investors, they could not see trading data on Nepse's website like before. The website shows green – means the Nepse gained – and closed the market at 1,218 points but the market was closed at 1,219 points, yesterday. The wrong information has completed confused the investors, though Nepse claimed that the issues has nothing to do with the new online trading system. The Nepse claimed that it gained 11 points today. In that case the market has to close at 1,230 points, but the website shows closing at 1218 points with 11 points gain.
Nepse chief executive officer Chandra Saud, however, claimed that the new system has been built as per the 'international standard', the investors and brokers said that they encountered technical glitches, while trading securities on the first day of the full-fledged implementation of the Nepse Online Trading System (NOTS).
Former president of Stock Brokers Association of Nepal (SBAN) Priya Raj Regmi said that the brokers faced technical errors in the new trading process. "The system cancelled some tradings saying insufficient fund," he said, adding that they were also unable to edit the order process that requires investors to start new order process. "We failed to get floor sheet for individual investor also."
According to the investors, they could not see trading data on Nepse's website like before. The website shows green – means the Nepse gained – and closed the market at 1,218 points but the market was closed at 1,219 points, yesterday. The wrong information has completed confused the investors, though Nepse claimed that the issues has nothing to do with the new online trading system. The Nepse claimed that it gained 11 points today. In that case the market has to close at 1,230 points, but the website shows closing at 1218 points with 11 points gain.
No comments:
Post a Comment