Square Securities Management Limited
Your Partner in progress
Your Partner in progress
The stock exchange provides a sound and stable securities market where shares can be bought and sold.
The stock exchange provides listed companies with a channel seek capital fund from the public and at the same time It provides the investors a place to buy and sell shares of the listed companies. The exchange also monitors the market to ensure that it is working efficiently, fairly and transparently.
There are Two stock exchanges in Bangladesh:
1. Dhaka Stock Exchange Ltd. - Established on 1954
2. Chittagong Stock Exchange Ltd. - Established on 1995
Of these, Dhaka Stock Exchange is the biggest stock exchange in the country.
Don't put in your money until you have understood all relevant information regarding the investment. Prepare yourself for the vigorous homework of analyzing company's annual reports, EPS (Earning Per Share), accounts and other statements while keeping abreast of what's happening in the industry, country and elsewhere that may affect your investment. Consult your investment adviser/broker to get latest market information about shares you intend to buy or sell. Be skeptical of any thing picked up from rumors, particularly if you cannot rationally explain their choice.
Bear in mind that even in the best of securities/shares, there can be short-term aberrations. It is important to have the power to hold your investments for longer periods. Studies have shown that investments properly timed and based on strong fundamentals have been very profitable for investors in the longer term.
While a company a dividend, right/ bonus shares or intends to hold any AGM/ EGM; it declares a book legislature closer provider/ Record Date to register the name of shareholders. Only shareholders whose names appear on the register after the book closure/ Record Date are eligible to attend in the AGM/ EGM and also to receive dividends & bonus shares and entitlement to right shares, if any.
Yes, but you will need to agree with your participant whether both signatures or only one are required on any instructions affecting the account.
Generally Trading Time is from 10:00 am to 02:30 pm
Working Days: Sunday to Thursday
The Central Depository Bangladesh Limited (CDBL) is a company set up by the banks, stock exchanges and other institutions to operate the central securities depository in Bangladesh.
A depository is like a bank for shares instead of money. Instead of holding shares in the form of certificates, investors have accounts in the depository and are able to move securities and settle stock exchange transactions by an electronic update of their accounts. Virtually all established markets have depositories including India, Japan, Malaysia, Pakistan, Sri Lanka, Thailand, UK and USA. The core service of a depository is the efficient delivery, settlement and transfer of securities through a computerised book entry system. The Central Depository Bangladesh Limited (CDBL) is a company set up by the banks, stock exchanges and other institutions to operate the central securities depository in Bangladesh.
Investors may open an account with any CDBL participant (for an up to date list of participants, see Listed Participants). 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 dematerialised. 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.Please refer to the Forms Download Page for a list of forms related to account opening.
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 authorises him to move securities 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 bought trade the broker will move securities to the account of the buying investor (provided the investor has paid). Investors may leave the securities in their account (ready for when they wish to sell or to avoid the need to hold certificates) or they may request the participant to rematerialise the securities. Please refer to the Forms Download Page for a list of forms related to buying and selling.
A shareholder 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. Quarterly statements would ensure that these investors always have an up to date record of their investments.
There are four indicators of market performance:
The following types of securities are available on the stock market for investment:
Each share represents a small stake in the total paid up capital of a company. In fact a public limited company is one that is formed to accumulate capital from a large pool of investors. Therefore total capital of such companies is divided into smaller equal denomination units represented by a share/ capital. One may buy large or small lots to match the amount of money that one wants to invest. A company's share price can rise or fall as a result of its own performance or market conditions. Once the shares are bought and transferred to new investors name, the name will be entered in the company's share register, the new investors will then be entitled to receive all the benefits of share ownership including the rights to receive dividends, to vote at the company's general meetings and to receive the company's reports.
Market Capitalization is the total market value, at the current stock exchange list price of the total number of equity shares issued by a company.
Market Capitalization = ∑ (No. of Issued Share * Close Price).
Initial Public offer.
Initial Public Offer or IPO means first offer of securities by an issuer to the general public
Circuit Filter is the maximum permissible deviation of the price (specified as percentage), of an aggressor order from the last trade price.
Circuit Breaker is the maximum permissible deviation of the price (specified as percentage) of the incoming order from the Circuit Breaker Base Price for that instrument. Orders violating circuit breaker will result rejection of the order.
A Market Lot is the smallest tradable unit for an instrument except those traded in the Oddlot book. All order quantities can only be an integral multiple of the Market lot.
Stock market shares are generally bought and sold in market lots, which are easy to trade. Any number of shares less than the market lot makes an odd lot. Odd lots typically arise from bonus or rights issues.
The Touchline Price for an instrument is the best offer (sell) and best bid (buy) price amongst all orders in the order book. The touchline buy price is the highest price amongst all buy orders and the touchline sell price is the lowest price amongst all sell orders.
Orders are queued and traded according to first on price and then time priorities. Best-priced orders traded first. If there is more than one order at the same price, the order is placed by time priority.
The groups of instruments in DSE are: A, B, G, N and Z .
The following qualifications are required to obtain and retain a TREC:
A TREC is yearly renewable with a fee of Tk. 50,000.
No person shall hold more than one TREC of the Exchange at a time.
An applicant applying for a new Trader Certificate must have the following qualifications to obtain and retain a TC:
A TC is yearly renewable with a fee of Tk. 5,000.
Using the real time data DSE upgraded its official website (www.dsebd.org) where trade data updates in every 1 to 3 minutes interval.
You can make a Portfolio on the DSE official website (www.dsebd.org) to observe your desired specific instrument's current traded information all at once. (If you are a new user you have to signup first.). Right now, the registration is free.
Yes, DSE is offering SMS services. You can get Latest Trade Information of any DSE Listed Company you desire by sending SMS.
Write DSE XXXXX & send it to 4636
Example: Write DSE DESCO & send it to 4636
You will get the value of the share for 3 times in a working day.
Yes, DSE is offering GPRS services. For GPRS users to make use of the BULL software you have to register first. Then you can access the software by mobile through GPRS to get a variety of Latest Trade Information of DSE.
The application requires login before using it. Only GrameenPhone Users can register and login right now. If the user is not registered then he/she can request for a PIN from the application. A PIN will be sent to the user through SMS. The user has to send the PIN through SMS to the BULL registration server to verify authenticity. SMS format is, BULL PINCODE has to be sent to a number, e.g. 4636
After getting the correct PIN from the user a password will be sent through SMS and the user can login to BULL Application using the mobile number as username and password (sent through SMS).