CDBL vows to ensure proper settlement of transactions

Central Depository Bangladesh Limited (CDBL) said that it is working intensively with software service provider company to ensure proper settlement of share transactions, officials said.
The CDBL said this Sunday in a press release issued regretting the incident of technical glitch occurred on March 12 last.
"Share transaction was partially hampered due to technical glitch occurred on March 12 last. Nevertheless, we sincerely regret the sufferings of Depository Participants (DPs) involved with the job of share transactions," the CDBL said.
It said share settlement job presently is being performed properly by the CDBL.
On March 12 last, brokerage houses could not send shares to the CDBL for settlement for more than 6 hours from around 3:0pm following a technical glitch faced by a module of the CDBL's settlement software. Later, at around 9:15 pm the problem was solved.
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