Stock market: New broker licence given to 11 firms

Broker licence

Kathmandu, June 6

The Securities Board of Nepal (SEBON) has recently approved broker licences for 11 additional stock brokerage firms.

SEBON, in a recent press release, announced the granting of final approval to 11 new brokerage firms. The board said all the firms have fulfilled the required infrastructure criteria outlined in the Securities Businessperson (Stock Broker, Securities Dealer and Market Maker) Regulations, 2008.

The board has granted a full working licence to one company and a limited working licence to nine companies.

In addition, Nabil Securities Limited has been given approval to work as a stock dealer. This marks a significant milestone in the capital market’s history, as a bank has been granted approval to expand its services as a brokerage house for the first time.

S. No.CompanyCategory
1Elite Stock House LimitedLimited Securities Broker
2Infinity Securities LimitedLimited Securities Broker
3Index Securities Limited Limited Securities Broker
4Shubkamana Securities Private LimitedLimited Securities Broker
5Hatemalo Financial Services Private LimitedLimited Securities Broker
6Money World Share Exchange Private Limited Limited Securities Broker
7Machhapuchhre Securities Limited Limited Securities Broker
8KBL Securities Limited Limited Securities Broker
9Kalash Stock Market Private Limited Limited Securities Broker
10Mega Stock Markets LimitedFull Operating Securities Broker 
11Nabil Securities Limited Securities Dealer

React to this post


New Old Popular