Kathmandu. The Securities Board of Nepal (SEBON) is set to implement the Margin Trading Facility Directive-2082.

It has been approved as per Section 118 of the Securities Act, 2063 and decided to implement it from February 15.

For the purpose of margin transaction facility, only the shares of a listed company should be at least 25 lakh units of ordinary shares (excluding locked shares), net worth equal to or more than the paid-up capital, net profit in the last three years and at least two years from the date of listing.

The securities broker should have a minimum paid-up capital of Rs 20 crore, a depository member or a shareholder of a company or a subsidiary company.