. Finance Minister Dr. Yubaraj Khatiwada has started margin trading in the Nepali stock market. Swarnim Wagle is happy.
Minister Wagle was seen in a happy mood during a meeting with the Finance Secretary, the head of the concerned department, the chairman of the Securities Board of Nepal and the Chief Executive Officer (CEO) of the Nepal Stock Exchange (NEPSE) at the Ministry of Finance today.
The minister is confident that after the commencement of margin trading, it will increase liquidity in the market, help in the development of the market and make the market dynamic once the issues discussed for a long time are implemented.
According to sources in the discussion, Ratamme was very worried about the issue after he became a minister.
The issue of money laundering that came after the formation of the new government has led to a decline in the market. The minister is said to have discussed this matter with great interest.
Minister Wagle is concerned about how to overcome the impact of this issue on the investment. It is also said that suggestions have been taken on how to break it.
In today’s discussion, Minister Dr. Sources claim that the government is ready to do anything to reform the stock market and has directed the concerned bodies to work accordingly.
Minister Wagle reminded that the government would work for the welfare of the investors in the days ahead, urging one and all to carry out works accordingly. He urged SEBON and NEPSE to encourage outside investors to invest in the market with prudence and without panicking, according to sources.
During the discussion, Minister Wagle is also understood to have shown keen interest in the offline transactions that Sebon is going to bring. SEBON is preparing to issue offline transaction directives for Nepalese living abroad to place orders even after the transaction hours.
Sources claimed that it would be in the interest of the market as the market would gain momentum as the arrangement for Nepalis living abroad to place orders after the transaction time.
He is also said to have instructed to implement such provisions as demanded in the market for a long time as soon as possible. This is said to increase the demand in the market. SEBON said it was in the final stages of rolling out the directive. At the same time, Sebon is also preparing to start intraday trading. The minister has also been informed about this.












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