CSE rolls out promotion to attract bulk, foreign investment

The Chittagong Stock Exchange (CSE) has rolled out a three-month promotional programme, under which foreign investments and bulk investments can be made free of charge.
"In order to encourage transactions through the bulk and foreign windows and increase the number of foreign portfolios in Bangladesh's capital market, the CSE declared this programme," the port city bourse said in a press release.
Bulk investment refers to trading through the CSE's bulk window with each trade being of at least Tk 5 lakh in value.
The promotional programme will be continued from November this year to January of 2021, according to the press release.
During the promotional period, bulk and foreign trades will be free of charge. This means that the bourse's TREC-holders (trading right entitlement certificate holders) will not be charged commissions for trades executed in the bulk or foreign windows.
The new offer is a major business opportunity for TREC holders and is actually going to motivate them to augment the amount of bulk/foreign turnover in the CSE, it added.
The CSE began its journey on October 10, 1995 with the promise to create a state-of-the-art bourse in the country.
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