11 New Broker Companies to Commence Trading on Wednesday, Expanding NEPSE's Roster to 88

Eleven additional broker companies who were recently granted membership by the Nepal Stock Exchange (NEPSE) are set to commence trading in the secondary market starting this Wednesday.

NEPSE has confirmed that they will allow these newly admitted brokers to engage in trading as soon as their mock trading activities are concluded. The list of these companies includes:

1) Garima Securities Limited
2) Pahi Investment Pvt. Ltd
3) Indira Securities Pvt. Ltd
4) Akash Bhairav Securities Ltd
5) NMB Securities Ltd
6) Sanima Securities Ltd
7) Milky Way Share Broker Company Ltd
8) Capital Hub Pvt. Ltd
9) Stochastic Securities Ltd
10) S.P.S.A Securities Ltd.
11) Bluechip Securities Ltd.

The eleven brokerage companies can now extend their services under the limited stock brokerage category.

To provide context, NEPSE has progressively issued trading licenses to 28 brokers across four phases, while the Securities Board of Nepal (SEBON) has granted stock broker licenses to 37 brokers through five phases. With the introduction of these 11 new broker companies to NEPSE, the total count of broker companies within the exchange has now risen to 79.

Read More:  NEPSE Membership of 11 New Broker Companies Approved in Fourth Phase