Monday, Feb 24, 2020 Current Time: 1:01:26 PM (BST) Market Status: Open
1JANATAMF 4.60 
-0.10    -2.13%

1STPRIMFMF 15.30 
0.10    0.66%

AAMRANET 40.50 
0.30    0.75%

AAMRATECH 26.20 
0.50    1.95%

ABB1STMF 4.70 
0.00    0.00%

ABBANK 7.40 
-0.20    -2.63%

ACFL   24.70    
0.80    3.35%

ACI   191.00    
-3.50    -1.80%

ACIFORMULA 103.00 
-0.10    -0.10%

ACMELAB 66.60 
0.00    0.00%

ACTIVEFINE 16.20 
0.20    1.25%

ADNTEL 45.40 
1.70    3.89%

ADVENT 29.00 
0.90    3.20%

AFCAGRO 22.00 
0.40    1.85%

AFTABAUTO 30.70 
-0.10    -0.32%

AGNISYSL 16.20 
-0.10    -0.61%

AGRANINS 25.00 
-0.80    -3.10%

AIBL1STIMF 7.50 
0.00    0.00%

AIL   34.00    
0.30    0.89%

AL-HAJTEX 33.20 
-0.60    -1.78%

ALARABANK 16.30 
0.30    1.88%

ALIF   7.30    
-0.10    -1.35%

ALLTEX 8.90 
0.00    0.00%

AMANFEED 35.80 
1.30    3.77%

AMBEEPHA 465.00 
3.20    0.69%

AMCL(PRAN) 191.00 
0.80    0.42%

ANLIMAYARN 38.40 
-0.40    -1.03%

ANWARGALV 79.40 
-0.50    -0.63%

APEXFOODS 121.30 
-0.70    -0.57%

APEXFOOT 248.30 
-4.40    -1.74%

APEXSPINN 107.90 
1.90    1.79%

APEXTANRY 120.20 
-0.80    -0.66%

APOLOISPAT 3.80 
0.10    2.70%

APSCLBOND 5000.00 
0.00    0.00%

ARAMIT 236.00 
-3.30    -1.38%

ARAMITCEM 14.30 
0.40    2.88%

ARGONDENIM 21.10 
0.60    2.93%

ASIAINS 23.40 
-0.20    -0.85%

ASIAPACINS 24.10 
-0.60    -2.43%

ATCSLGF 8.30 
-0.10    -1.19%

ATLASBANG 112.00 
-1.40    -1.23%

AZIZPIPES 94.00 
-2.00    -2.08%

BANGAS 136.50 
-1.80    -1.30%

BANKASIA 17.90 
0.10    0.56%

BARKAPOWER 25.10 
-0.20    -0.79%

BATASHOE 750.00 
-15.60    -2.04%

BATBC   1048.00    
-15.00    -1.41%

BAYLEASING 13.20 
-0.10    -0.75%

BBS   20.80    
-0.30    -1.42%

BBSCABLES 66.90 
-0.70    -1.04%

BDAUTOCA 150.70 
0.00    0.00%

BDCOM   20.60    
-0.40    -1.90%

BDFINANCE 9.40 
0.00    0.00%

BDLAMPS 130.20 
-1.90    -1.44%

BDTHAI 10.50 
-0.10    -0.94%

BDWELDING 16.00 
-0.10    -0.62%

BEACHHATCH 16.40 
1.00    6.49%

BEACONPHAR 57.90 
4.80    9.04%

BENGALWTL 19.70 
-0.10    -0.51%

BERGERPBL 1411.00 
-4.30    -0.30%

BEXIMCO 16.30 
-0.20    -1.21%

BGIC   24.90    
0.30    1.22%

BIFC   2.50    
0.00    0.00%

BNICL   22.40    
-0.10    -0.44%

BPML   52.60    
-0.40    -0.75%

BRACBANK 47.00 
-0.70    -1.47%

BSC   48.10    
0.20    0.42%

BSCCL   100.70    
0.10    0.10%

BSRMLTD 71.20 
3.40    5.01%

BSRMSTEEL 44.30 
0.00    0.00%

BXPHARMA 73.60 
0.00    0.00%

BXSYNTH 3.70 
0.00    0.00%

CAPMBDBLMF 8.40 
0.00    0.00%

CAPMIBBLMF 8.80 
0.20    2.33%

CENTRALINS 27.60 
0.10    0.36%

CENTRALPHL 10.50 
0.90    9.38%

CITYBANK 19.40 
0.00    0.00%

CITYGENINS 18.80 
-0.20    -1.05%

CNATEX 1.90 
0.00    0.00%

CONFIDCEM 122.50 
1.50    1.24%

CONTININS 21.70 
-0.10    -0.46%

COPPERTECH 26.50 
0.80    3.11%

CVOPRL 96.80 
-1.70    -1.73%

DACCADYE 3.00 
0.00    0.00%

DAFODILCOM 54.80 
-0.60    -1.08%

DBH   119.20    
-2.30    -1.89%

DBH1STMF 7.50 
-0.20    -2.60%

DELTALIFE 75.00 
-0.50    -0.66%

DELTASPINN 4.80 
-0.10    -2.04%

DESCO   41.00    
0.00    0.00%

DESHBANDHU 11.00 
0.20    1.85%

DHAKABANK 12.30 
0.10    0.82%

DHAKAINS 30.70 
-0.30    -0.97%

DOREENPWR 68.50 
-0.30    -0.44%

DSHGARME 116.00 
-0.30    -0.26%

DSSL   12.00    
0.30    2.56%

DULAMIACOT 59.60 
-0.10    -0.17%

DUTCHBANGL 68.00 
-0.40    -0.58%

EASTERNINS 37.80 
-0.70    -1.82%

EASTLAND 24.70 
0.20    0.82%

EASTRNLUB 904.00 
2.90    0.32%

EBL   35.00    
-0.30    -0.85%

EBL1STMF 4.70 
-0.10    -2.08%

EBLNRBMF 4.70 
0.00    0.00%

ECABLES 183.00 
0.60    0.33%

EHL   47.60    
0.40    0.85%

EMERALDOIL 13.50 
0.10    0.75%

ENVOYTEX 24.80 
-0.90    -3.50%

ESQUIRENIT 31.80 
0.20    0.63%

ETL   9.50    
-0.10    -1.04%

EXIM1STMF 4.70 
0.00    0.00%

EXIMBANK 10.00 
-0.10    -0.99%

FAMILYTEX 2.00 
0.00    0.00%

FARCHEM 10.30 
0.60    6.19%

FAREASTFIN 3.00 
0.00    0.00%

FAREASTLIF 49.00 
-0.40    -0.81%

FASFIN 4.80 
0.00    0.00%

FBFIF   4.00    
0.00    0.00%

FEDERALINS 12.80 
-0.10    -0.78%

FEKDIL 9.50 
0.10    1.06%

FINEFOODS 48.00 
-0.40    -0.83%

FIRSTFIN 5.80 
0.00    0.00%

FIRSTSBANK 9.30 
-0.10    -1.06%

FORTUNE 21.80 
0.30    1.40%

FUWANGCER 7.90 
-0.10    -1.25%

FUWANGFOOD 13.40 
-0.10    -0.74%

GBBPOWER 16.00 
0.00    0.00%

GEMINISEA 165.30 
-2.00    -1.20%

GENEXIL 59.50 
-0.10    -0.17%

GENNEXT 2.70 
0.00    0.00%

GHAIL   23.10    
0.10    0.43%

GHCL   36.60    
3.30    9.91%

GLAXOSMITH 1845.00 
-31.50    -1.68%

GLOBALINS 19.80 
-0.30    -1.49%

GOLDENSON 6.10 
-0.10    -1.61%

GP   305.20    
-14.40    -4.51%

GPHISPAT 30.60 
0.30    0.99%

GQBALLPEN 79.10 
-2.40    -2.94%

GRAMEENS2 12.60 
-0.10    -0.79%

GREENDELMF 7.40 
0.00    0.00%

GREENDELT 54.00 
0.80    1.50%

GSPFINANCE 14.70 
-0.10    -0.68%

HAKKANIPUL 76.60 
-2.20    -2.79%

HEIDELBCEM 170.00 
-3.50    -2.02%

HFL   17.50    
0.40    2.34%

HRTEX   39.70    
-0.40    -1.00%

IBBLPBOND 938.00 
-12.00    -1.26%

IBNSINA 239.00 
-2.10    -0.87%

IBP   24.80    
0.80    3.33%

ICB   83.60    
-1.30    -1.53%

ICB3RDNRB 6.10 
0.10    1.67%

ICBAGRANI1 7.20 
0.30    4.35%

ICBAMCL2ND 8.00 
0.20    2.56%

ICBEPMF1S1 7.30 
0.30    4.29%

ICBIBANK 3.20 
0.00    0.00%

ICBSONALI1 7.20 
0.20    2.86%

IDLC   49.50    
0.50    1.02%

IFADAUTOS 51.30 
-0.20    -0.39%

IFIC   9.80    
0.10    1.03%

IFIC1STMF 4.90 
0.00    0.00%

IFILISLMF1 6.20 
0.00    0.00%

ILFSL   4.60    
0.00    0.00%

IMAMBUTTON 22.00 
-0.30    -1.35%

INTECH 14.60 
0.20    1.39%

INTRACO 15.10 
0.30    2.03%

IPDC   26.10    
0.50    1.95%

ISLAMIBANK 19.10 
-0.10    -0.52%

ISLAMICFIN 14.90 
-0.10    -0.67%

ISLAMIINS 28.00 
0.00    0.00%

ISNLTD 42.80 
-0.40    -0.93%

ITC   35.80    
0.90    2.58%

JAMUNABANK 17.40 
-0.60    -3.33%

JAMUNAOIL 152.20 
-2.30    -1.49%

JANATAINS 17.50 
-0.10    -0.57%

JMISMDL 318.30 
-0.20    -0.06%

JUTESPINN 80.00 
-1.10    -1.36%

KARNAPHULI 23.80 
-0.30    -1.24%

KAY&QUE 219.70 
0.10    0.05%

KBPPWBIL 6.60 
0.00    0.00%

KDSALTD 44.50 
-0.90    -1.98%

KEYACOSMET 3.20 
0.00    0.00%

KOHINOOR 454.80 
10.70    2.41%

KPCL   55.80    
0.00    0.00%

KPPL   15.40    
-0.40    -2.53%

KTL   11.40    
0.00    0.00%

LANKABAFIN 16.40 
-0.10    -0.61%

LEGACYFOOT 66.50 
-2.90    -4.18%

LHBL   45.60    
-0.40    -0.87%

LIBRAINFU 632.00 
-2.50    -0.39%

LINDEBD 1313.00 
-4.70    -0.36%

LRGLOBMF1 6.10 
-0.10    -1.61%

MAKSONSPIN 5.40 
0.10    1.89%

MALEKSPIN 14.50 
0.10    0.69%

MARICO 1661.00 
-15.20    -0.91%

MATINSPINN 35.50 
-0.50    -1.39%

MBL1STMF 7.70 
0.20    2.67%

MEGCONMILK 12.00 
0.70    6.19%

MEGHNACEM 75.00 
0.30    0.40%

MEGHNALIFE 53.00 
-1.00    -1.85%

MEGHNAPET 9.30 
0.20    2.20%

MERCANBANK 12.40 
-0.10    -0.80%

MERCINS 29.70 
-0.80    -2.62%

METROSPIN 9.30 
0.40    4.49%

MHSML   9.00    
0.00    0.00%

MICEMENT 57.00 
0.40    0.71%

MIDASFIN 12.20 
0.00    0.00%

MIRACLEIND 22.70 
0.80    3.65%

MJLBD   79.30    
-1.90    -2.34%

MLDYEING 60.50 
-0.80    -1.31%

MONNOCERA 116.00 
0.10    0.09%

MONNOSTAF 793.80 
-11.10    -1.38%

MPETROLEUM 172.00 
-7.40    -4.12%

MTB   28.40    
0.10    0.35%

NAHEEACP 42.40 
2.40    6.00%

NATLIFEINS 262.30 
1.00    0.38%

NAVANACNG 38.60 
0.70    1.85%

NBL   7.70    
0.10    1.32%

NCCBANK 12.40 
-0.10    -0.80%

NCCBLMF1 6.10 
0.20    3.39%

NEWLINE 15.40 
0.20    1.32%

NFML   10.20    
-0.10    -0.97%

NHFIL   30.80    
0.20    0.65%

NITOLINS 28.40 
-0.10    -0.35%

NLI1STMF 11.70 
0.10    0.86%

NORTHERN 384.90 
-36.90    -8.75%

NORTHRNINS 22.60 
0.10    0.44%

NPOLYMAR 69.10 
-0.90    -1.29%

NTC   499.90    
-7.10    -1.40%

NTLTUBES 123.30 
-0.30    -0.24%

NURANI 8.60 
0.10    1.18%

OAL   6.70    
0.00    0.00%

OIMEX   27.60    
0.80    2.99%

OLYMPIC 191.30 
-7.30    -3.68%

ONEBANKLTD 10.00 
0.00    0.00%

ORIONINFU 93.90 
2.60    2.85%

ORIONPHARM 49.50 
1.50    3.13%

PADMALIFE 16.50 
-0.20    -1.20%

PADMAOIL 182.00 
-3.80    -2.05%

PARAMOUNT 40.60 
-1.40    -3.33%

PDL   10.00    
0.40    4.17%

PENINSULA 22.30 
-0.10    -0.45%

PEOPLESINS 19.20 
0.10    0.52%

PF1STMF 8.10 
0.10    1.25%

PHARMAID 426.10 
-8.60    -1.98%

PHENIXINS 26.40 
-0.20    -0.75%

PHOENIXFIN 23.50 
-0.60    -2.49%

PHPMF1 4.70 
0.00    0.00%

PIONEERINS 40.10 
0.90    2.30%

POPULAR1MF 4.70 
0.00    0.00%

POPULARLIF 86.00 
-2.00    -2.27%

POWERGRID 49.70 
-0.10    -0.20%

PRAGATILIF 110.30 
-2.60    -2.30%

PREMIERBAN 11.30 
-0.30    -2.59%

PREMIERCEM 70.00 
-1.40    -1.96%

PREMIERLEA 5.70 
0.00    0.00%

PRIME1ICBA 6.20 
0.10    1.64%

PRIMEBANK 17.30 
0.10    0.58%

PRIMEFIN 6.80 
0.00    0.00%

PRIMEINSUR 20.00 
-0.20    -0.99%

PRIMELIFE 52.30 
-0.40    -0.76%

PRIMETEX 21.20 
0.00    0.00%

PROGRESLIF 153.80 
-0.60    -0.39%

PROVATIINS 26.20 
-0.70    -2.60%

PTL   61.80    
0.00    0.00%

PUBALIBANK 24.20 
-0.20    -0.82%

PURABIGEN 15.80 
-0.10    -0.63%

QUASEMIND 44.30 
3.70    9.11%

QUEENSOUTH 34.40 
0.90    2.69%

RAHIMTEXT 253.60 
-2.10    -0.82%

RAKCERAMIC 32.60 
-0.30    -0.91%

RANFOUNDRY 132.60 
0.20    0.15%

RDFOOD 15.40 
-0.20    -1.28%

RECKITTBEN 3280.30 
39.30    1.21%

REGENTTEX 10.30 
0.00    0.00%

RELIANCE1 9.00 
0.10    1.12%

RELIANCINS 43.50 
-0.30    -0.68%

RENATA 1109.00 
1.30    0.12%

RENWICKJA 941.10 
8.70    0.93%

REPUBLIC 23.60 
0.10    0.43%

RINGSHINE 8.00 
0.10    1.27%

RNSPIN 4.00 
0.10    2.56%

RSRMSTEEL 30.70 
0.20    0.66%

RUNNERAUTO 61.20 
0.00    0.00%

RUPALIBANK 31.90 
0.00    0.00%

RUPALIINS 19.70 
-0.40    -1.99%

RUPALILIFE 51.30 
0.10    0.20%

SAFKOSPINN 11.80 
0.20    1.72%

SAIFPOWER 16.40 
-0.20    -1.20%

SAIHAMCOT 19.60 
0.10    0.51%

SAIHAMTEX 40.00 
0.10    0.25%

SALAMCRST 23.80 
-0.50    -2.06%

SALVOCHEM 11.80 
-0.10    -0.84%

SAMATALETH 140.30 
-2.50    -1.75%

SAMORITA 64.60 
0.00    0.00%

SANDHANINS 22.80 
0.10    0.44%

SAPORTL 21.40 
0.20    0.94%

SAVAREFR 112.70 
-1.20    -1.05%

SEAPEARL 63.50 
2.40    3.93%

SEBL1STMF 10.70 
0.00    0.00%

SEMLFBSLGF 9.80 
0.10    1.03%

SEMLIBBLSF 7.30 
0.30    4.29%

SEMLLECMF 6.50 
0.10    1.56%

SHAHJABANK 23.90 
0.10    0.42%

SHASHADNIM 28.30 
0.60    2.17%

SHEPHERD 22.90 
0.50    2.23%

SHURWID 28.20 
0.40    1.44%

SHYAMPSUG 27.90 
0.80    2.95%

SIBL   13.40    
0.00    0.00%

SILCOPHL 24.80 
1.30    5.53%

SILVAPHL 19.40 
1.30    7.18%

SIMTEX 15.50 
0.10    0.65%

SINGERBD 170.00 
-0.30    -0.18%

SINOBANGLA 59.30 
1.40    2.42%

SKTRIMS 71.60 
-0.90    -1.24%

SONALIANSH 395.00 
-6.80    -1.69%

SONARBAINS 35.40 
0.10    0.28%

SONARGAON 32.80 
0.70    2.18%

SOUTHEASTB 12.80 
0.00    0.00%

SPCERAMICS 9.40 
0.00    0.00%

SPCL   83.40    
1.70    2.08%

SQUARETEXT 33.70 
-0.20    -0.59%

SQURPHARMA 203.10 
-2.50    -1.22%

SSSTEEL 12.90 
0.00    0.00%

STANCERAM 516.60 
2.20    0.43%

STANDARINS 44.50 
-0.40    -0.89%

STANDBANKL 8.70 
0.10    1.16%

STYLECRAFT 181.50 
-1.50    -0.82%

SUNLIFEINS 17.70 
-0.20    -1.12%

TAKAFULINS 29.60 
0.80    2.78%

TALLUSPIN 3.00 
0.00    0.00%

TITASGAS 35.00 
-0.20    -0.57%

TOSRIFA 12.80 
0.10    0.79%

TRUSTB1MF 5.00 
0.00    0.00%

TRUSTBANK 28.40 
-0.20    -0.70%

TUNGHAI 2.20 
0.00    0.00%

UCB   13.80    
-0.10    -0.72%

UNIONCAP 5.40 
0.00    0.00%

UNIQUEHRL 48.60 
-1.90    -3.76%

UNITEDAIR 1.60 
0.10    6.67%

UNITEDFIN 15.30 
-0.10    -0.65%

UNITEDINS 48.00 
-1.60    -3.23%

UPGDCL 264.00 
-1.60    -0.60%

USMANIAGL 51.30 
-0.10    -0.19%

UTTARABANK 27.30 
0.00    0.00%

UTTARAFIN 54.50 
-0.20    -0.37%

VAMLBDMF1 5.80 
0.00    0.00%

VAMLRBBF 5.60 
0.00    0.00%

VFSTDL 28.70 
2.60    9.96%

WATACHEM 361.50 
-0.70    -0.19%

WMSHIPYARD 15.30 
-0.30    -1.92%

YPL   10.90    
0.00    0.00%

ZAHEENSPIN 6.80 
0.00    0.00%

ZAHINTEX 3.90 
-0.10    -2.50%

ZEALBANGLA 39.10 
2.70    7.42%


Increase the speed of the ticker
Set the ticker's scrolling direction to right
 
Market Highlights
Market Price
Top 20 Shares
DSEX  
DS30
News
Latest Share Price
By Trade Code
By % Change
By Value
By Volume
By Last Trade Price
By Category
By Alphabetic Order
In Text Mode
DEBT Board
Search Company
 
Enter Company's Trading code

 

Q: What do the initials CDBL stand for?

A: Central Depository Bangladesh Limited

 
Q: Will all brokers be participants?

A: All brokers must have access to the system (either directly or indirectly) to settle stock exchange transactions. However, only some brokers, upon obtaining certificate of registration from the SEC, will become full service participants and will be able to manage accounts on behalf of customers Contact CDBL for an up to date list of full service participants.

Q: Who, other than brokers will be participants?

A: Financial Institutions may become participants to manage the securities they hold. In addition banks, who offer domestic, regional and global custody services may also become participants. Contact CDBL for an up to date list of custody participants.


Q: Are all listed securities eligible for holding and settlement in CDBL?

A: In the long term all listed securities should become eligible securities. However, the depository will make securities eligible one b one (or in groups) to ensure that the system is not overloaded and that all issuers receive proper training in the operation of the system. Contact CDBL for an up to day list of eligible securities.

Q: Is it safe to hold my securities in CDBL?

A: CDBL has to keep satisfied the Securities and Exchange Commission that it has implemented a system that is safe and secure. In addition the Commission has ongoing regulatory responsibility for CDBL.

All messages between CDBL and the participants are encrypted and CDBL has a hot standby site so that all data is duplicated. The Law makes CDBL responsible for compensating investors if they suffer loss as a result of the negligent actions of CDBL or its employees.

 

Q: Will all investors need to have CDBL accounts?

A: An investor who does not trade will not be forced to have a CDBL account. However, the use of a CDBL account (either Direct or through a Participant) would remove the need to keep paper share certificates in a safe place. Periodic statements would ensure that these investors always have an up to date record of their investments.

Q: If I hold my shares in CDBL can I vote at company meetings?

A: Yes, The Law requires companies to treat depository account holders as members of the company for all purposes.

Q: If I hold my shares in CDBL, will I receive my dividends? 

A: Yes, The Law requires companies to treat depository account holders as members of the company for all-purpose. In most cases you will receive your dividend from the company in the same was you do today. However the regulations permit companies to use facilities offered b CDBL to distribute dividends if they wish to do so.



Q: How do I open an account?

A: You will need to open an account through a participant unless you wish to open a Direct Account at CDBL.

Q: What will it cost me?

A: This will depend on which participant you use. The amount the participant will charge you is not fixed by the Law or the Regulations.

Q: Can I rematerialise at any time? 

A: Yes, However, CDBL will charge your participant a fee for rematerialisation, which will be passed on to you.

Q: What happens if I die?

A: Your securities will be transferred to your heirs or rematerialised in accordance with normal legal procedures.

Q: Can I open a joint account with another?

A: Yes, but you will need to agree with your participant whether both signatures or only one are required on any instructions affecting the account.


Q: Should wait until I want to sell to dematerialize my securities

A: You may do this if you wish. However, In this case, you will need to wait until the issuer has confirmed that the securities have been dematerialized before the broker can enter the sell order into the market. This will take time.

Q: What is a depository needed?

A: The need for a depository arose from shortcomings in the present settlement system, resulting in:

  • Lengthy delays in delivery settlement and transfer of securities;
  • Tedious procedures for verification of securities and transfer deeds;
  •  Considerable time involved in dispatching cash dividends and bonus shares;
  •  Risk of damaged, lost, forged and duplicate securities;
  •  Serious problems associated with physical custody;
  • Tedious procedure involved in pledging of physical securities to raise capital.
Central Depository Bangladesh Limited (CDBL), a joint venture company setup by banks, stock exchange, Asian Development Bank and other institutions operates the Central Depository System (CDS) in Bangladesh. CDBL, by converting physical certificates into electronic form, will eliminate the risks of damaged, lost, forged and duplicate share certificates. The instantaneous delivery through electronic book entry will result in immediate transfer of ownership, which presently can take over a month. CDBL, in the long term, will also reduce the costs of the investing public.

 

Q: Who are the Owners of CDBL?

A:
The Depository Regulations, 2000 requires that the sponsors of any depository be a

  • Financial institution;
  • Bank;
  • Stock exchange;
  • Body corporate established or formed under any law;
  • Company listed with any stock exchange; or
  • Other national or international institution specified by the SEC.
Accordingly the stakeholders of CDBL, numbering over 70 institutions are:
  • Nationalized Commercial Banks;
  • Provide Commercial Banks;
  • Foreign Commercial Banks;
  • Insurance Companies;
  • Dhaka Stock Exchange;
  • Chittagong Stock Exchange;
  • Investment Corporation of Bangladesh;
  • Listed Companies; and
  • The Asian Development Bank
This wide spread of ownership demonstrates the support of the financial market in Bangladesh for the development of a Central Depository System (CDS).

Q: Who are the Participants of CDBL?

A: The following types of organizations may become CDBL participants:

1.      Stock brokers/dealers (members of the Dhaka and Chittagong Stock Exchanges);
2.      Banks;
3.      Financial institutions;
4.      Insurance companies;
5.      A statutory organization;
6.      Merchant bankers;
7.      Asset managers;
8.      Custodians; and
9.      An other capital market intermediaries registered with the SEC.

Q: About the Categories Participants at CDBL?
    

A:

Trading Participant
May only settle stock exchange trades and cannot maintain accounts on behalf of customers;

Full Service Participant
This is a stock exchange member who may hold shares and operate accounts on behalf of  customers;

Custody Participant

May hold shares and operate accounts on behalf of customers but is not a stock exchange member;

Settlement Agent Participant

May settle stock exchange trades on behalf of stock exchange members.


Q: What is about Direct Accounts?

A: CDBL is offering a service to investors who wish to hold their securities in dematerialized form but do not wish to use a stockbroker or a bank to do so. Investors will be asked, by CDBL, to complete an account opening form. They will then be able to dematerialize existing holdings by giving the certificates to CDBL or to their stockbrokers and completing the dematerialization request form. When they wish to sell their securities they should instruct CDBL in writing to transfer the required number of securities to the stockbroker. When they buy they should instruct their stockbroker to transfer the securities to the Director Account on the settlement day. It is not necessary, in this case, to instruct CDBL. CDBL will not handle funds and investors must make arrangements to settle payments directly with their stockbrokers. CDBL will issue statements directly to the account holder on a monthly basis, if there are any movements and on a quarterly basis, if there are no movements.

Q: About the Method of Operation 

 

Method of Operation  are given below:

1. The investor opens an account with a participant or CDBL
2. Certificates are 'dematerialized' by lodging them at the issuer.
3. The issuer updates the register and moves the holding to the depository portion of the register.
4. The investor sells on a stock exchange through a stockbroker and another investor  buys.
5. The stock exchange advises CDBL to update its records.
6. CDBL debits the sellers account.
7. CDBL credits the buyers account.
8. Investors may dematerialize if they wish.

Q: What is the Procedure open an Account?

A: Investors may open an account with any CDBL participant for an up to day list of participants please call CDBL help line. The participant will request the investor to sign an agreement, which will set out the rights and duties of both the investor and the participant . The participant will then open an account for the investor at CDBL. Normally the account will be in the name of the investor. If the participant is going to mix one investors securities with another in an omnibus account then this must be specifically stated on the agreement. Where the account is in the name of the investor then the Law provides that the account holder is a member of the company even though his securities are dematerialized. The participant is required (under the regulations) to provide statements on at least a monthly basis if there are movements on the account. Even if there are no movements the participant must provide a quarterly statement.

 

Q: What is Dematerialization (demat) ?  

A: Dematerialization is a process by which physical certificates are converted into electronic form for credit to the investors account in the depository. Once a security is eligible for holding in CDBL then all stock exchange trades must be settled through the depository. This means that sellers must have securities in the depository (i.e. the securities must have been dematerialized) before the broker can execute the sale order.

To dematerialize securities investors should take their share certificates to a participant. The participant will request the investor to complete a dematerialization request form. The participant will take the documents to the issuer who (if the certificate is valid) will update the register by moving the securities from the certificated portion of the register to the depository portion. The issuer will then confirm the dematerialization to the depository and the depository will credit the securities to the investor's account. The participant will be able to see the balances in all the accounts that he controls through a computer link with CDBL. Investors do not need to wait until they wish to sell to dematerialize their holdings. Once a security is eligible, investors may open accounts and lodge securities at any time.

 

Q: How Buying and selling are happening? 

A: The introduction of CDBL does not make any difference to the process of buying and selling although it does make a difference to the settlement of such trades. Where investors have a CDBL account through their broker then the act of giving a sell order to the broker also authorizes him to move Sucrets from the account to settle the sale. The broker will move the securities when he enters the order into the market. If the order is executed then the securities are used to settle the sale. If the order is not executed then the broker will move the securities back to the investor’s account.

Where investors have a CDBL account through a custodian (who is not a broker) then they must advise their custodian that they have sold as they do for physical securities. However, the securities must be in a CDBL account before they are sold and the broker may wish to check this fact with the custodian before executing the order. On the settlement date of a bough trade the broker will move securities to the account of the buying investors (provided the investor has paid). Investors may leave the securities in their account (ready for sale when they wish to sell or to avoid the need to hold certificates) or they may request the participant to rematerialise the securities. 

 

Q: What is the procedure for Rematerialisation (remat)?

A:
To rematerialise securities that are in a CDBL account the account holder must instruct the participant through which he holds his account by completing a rematerialisation request form.

The participant will instruct CDBL and the securities will then be debited from the account upon confirmation by the issuer.

The issuer will transfer the holding from the depository portion of its register to the certificated portion of its register.

The issuer will provide the investor with a share certificate within 30 days of a rematerialisation request.


Q: About Fees & Deposits will require?

A: CDBL will charge fees to participants, issuers and Direct Account Holders, who are also required to lodge security deposits with CDBL, which are refundable upon termination. CDBL does not charge fees directly to account holders. Participants are charged fees which they ma recover from investors holding accounts with them. Prospective Direct Account Holders should contact CDBL for an up to date fees & deposits schedule.



Q: Which Technology does CDBL uses?

A: Main Data Centre of CDBL is equipped with HP9000 rp7400 Enterprise Class Servers, HP SureStore E Disk Array FC60 Controller, HP SureStore E DLT Library 4/40 Deskside and ancillary equipment.

Disaster Recovery Backup Centre
  of CDBL is located at Grameen IT Park, Mirpur and equipped with another set of the same equipment as the Main Data Centre.

Data update
is every fifteen minutes via radio link using Cisco Aironet 350 devices.

Software application VeDAS (Versatile Engine for Depository Accounting System) is built on a threetier architecture, with Visual Basic as the Front End, TUXEDO as the middle tier transaction manager, and Oracle 8I as the Back End Centralized database.






STOCK EXCHANGE BUILDING, 9/F MOTIJHEEL C/A, DHAKA BANGLADESH
Phone: 88-02-9564601, 9576210-18, FAX: +88-02-9564727
Email: dse@bol-online.com, Web: http://www.dsebd.org/
 

Home | Download | Data Archives | Career at DSE | FAQ | Sitemap | Links
Disclaimer Copyright Dhaka Stock Exchange 2011 Terms & Conditions
 

Powered By Bangladesh Online a division of Bangladesh Export Import Company Ltd.