When will margin trading begin in real? Final nod from NRB to be instrumental

Thu, May 24, 2018 12:56 AM on Latest, Stock Market,

Investors will have to wait some more time to begin the first ever margin trading in Nepalese share market. After receiving approval from Securities Board of Nepal, Nepal Stock Exchange is reported to have moved to Nepal Rastra Bank for the final approval as per the regulatory requirements.

As per the NRB Act 2058, any institution who wants to embark into margin lending facility are required to receive prior permission from the central bank before doing so. Following the same provision, the market regulator SEBON while providing final nod to margin lending to NEPSE had asked it to receive necessary legal approvals from all the institutions required.