CSE to arrange ITF in divisional HQs

Around 10 per cent of a day’s total transaction is executed through online trading at the port city bourse-Chittagong Stock Exchange (CSE), officials said.
CSE managing director Syed Sajid Husain Thursday said this at the closing ceremony of the Internet Trade Fair (ITF) arranged by the port city bourse at the Institute of Diploma Engineers Auditorium in the capital.
"The main objective of arranging the IFT was to popularise our internet trading platform along with creating awareness among investors. Presently, around 10 per cent of our daily transaction is executed through online trading. We hope the volume of online trading will increase day by day," Mr. Sajid said.
Daily turnover value stands to around Tk 500 million at the port city bourse.
According to CSE managing director, the ITF observed satisfactory response from various sections of people, including the stakeholders of the capital market.
Mohammed Mohiuddin, a CSE director and chairman of Island Securities, said the CSE is being prepared ahead of selling stakes of their exchange to international strategic partners.
"The CSE will also arrange ITF in the country's divisional head quarters," Mohiuddin said at the closing ceremony of the CSE's ITF.
CSE chairman Dr. Muhammad Abdul Mazid also spoke at the ceremony and expressed his expectation on arranging ITF in divisional head quarters.
Four CSE directors-Prof. Mamtaz Uddin Ahmed, Showkat Hossain, Dr. Moinul Islam Mahmud and Mohammad Khairul Anam Chowdhury-also attended the CSE's closing ceremony.

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