Nepal Securities Board Investigates Stock Exchange Technical Glitch
Summary
The Nepal Securities Board has directed NEPSE to investigate a technical problem that halted stock trading and submit a report within a week. A five-member inspection team has been formed, and the board has asked for improvements to prevent the issue from recurring.
Key Points
- The Nepal Securities Board has instructed NEPSE to investigate the technical glitch that stopped stock trading.
- The problem occurred in the data center hosting servers for 72 securities broker traders using NEPSE’s TSM system.
- NEPSE said the issue affected the Data Hub system from Sunday morning and trading remained suspended.
- The board has formed a five-member inspection team and asked for a report with corrective measures by October 12.
