SEBON steps up for intraday trading; seeks public opinion
Summary
SEBON has opened a policy process to introduce intraday trading in Nepal’s stock market and has sought public feedback on draft regulations. The proposed system would allow buying and selling securities within the same day, with eligibility limited to selected companies and approved brokers.
Key Points
- SEBON has prepared a draft of the 'Intra-day Securities Trading Regulations, 2083' and invited public feedback.
- The proposed system would allow securities to be bought and sold within the same trading day on NEPSE.
- Only companies meeting financial and technical criteria would be eligible for intraday trading.
- Brokerage firms would need separate SEBON approval and stronger capital, risk management, and continuity systems to offer the service.
