Nepal Prepares to Launch Intraday Share Trading
Summary
Nepal is preparing to introduce intraday share trading under new rules drafted by the Nepal Securities Board. The proposed system would allow investors to buy and sell shares on the same day, with auto square-off at market close if positions are left open.
Key Points
- The Nepal Securities Board has drafted rules to make intraday share trading operational in Nepal.
- Under the proposed system, shares bought during the day must be sold the same day, and any open position will be auto squared off by brokers.
- The draft aims to modernize the market and improve liquidity, while requiring separate trading and demat accounts plus margin deposits.
- The article explains key intraday trading procedures, risks, and fee rules for investors and brokers.
