Share trading through mobile apps: DSE reduces time for 16 days
The trading time has been reduced by 15 minutes at the beginning and 30 minutes at the end of the trading session due to maintenance of the order management system of the DSE
The Dhaka Stock Exchange (DSE) authorities have reduced the share trading time through mobile apps because of the maintenance of the order management system (OMS).
The trading time has been reduced by 15 minutes at the beginning and half an hour at the end of the trading session.
The maintenance work will continue for three weeks to enhance the capacity of the OMS, the DSE said in a press release on Sunday.
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As a result, trading time through mobile apps has been reduced, it added.
After the required time, the trading service will continue through the mobile app as per the previous rules, the press release further mentioned.
At present, share trading starts at 10am and continues till 2.30pm. The trading services through the DSE's mobile app will be from 10.15am to 2pm from 11 January to 1 February.
After a long depression, the country's capital market has been glowing since August. Investors' confidence is getting back and the indexes and daily turnover are going up.
There has been an increase in buying and selling orders for shares, but the trading software of the DSE is not able to take this increased pressure. As a result, investors are facing obstructions in buying and selling shares.
On 20 August 2020, the DSE launched an updated version of its website. It was said at the time that the updated website would be investor-friendly and highly-responsive.
But since the launch of the updated website, there have been various complaints from investors, which include problems in accessing the website and not updating information properly.
Moreover, the OMS of the DSE failed to take the pressure of additional transactions.
At that time, the DSE apologised to investors for the problem as well as increased the transaction time.
In view of this, the BSEC on 24 August last year formed an inquiry committee consisting eight members to look into the DSE website and trading system.
The probe committee in its report said that the trading system of the DSE was weak and unable to handle the pressure of additional transactions.
