CDSC CEO States Auction Market and NRN Fund Preparations Complete
Summary
CDSC says preparations to operate the auction market and bring in the Non-Resident Nepali fund have been completed, with coordination underway with NEPSE and the Securities Board. The company is also strengthening technology and infrastructure to better serve around 8 million investors.
Key Points
- CDSC CEO Kanchan Sapkota said the groundwork for the auction market and NRN fund has been completed.
- CDSC will handle settlement work while NEPSE will operate the auction market, with coordination from the Securities Board.
- The company is prioritizing technology and infrastructure to improve services for about 8 million investors.
- CDSC says it will secure the budget and resources needed to strengthen its institutional capacity.
