Dhaka Stock Exchange on Wednesday launched a month-long mock online trading using the MSA Plus software installed in the trading system of the bourse.
DSE president Shakil Rizvi inaugurated the mock trading at a ceremony. DSE senor vice-president Ahasanul Islam, vice-president Md Shahjahan Khan, director Ahmed Rashid Lali and chief executive officer Satipati Moitra were also present.
Shakil Rizvi said MSA Plus would take the trading system of the DSE to the next level of the automation of the bourse.
'The new trading software is very secured one and its level of protection from hacking is also high,' he said.
The new internet-based trading software MSA Plus will allow clients of different brokerage houses to place their buying and selling orders online, DSE sources said.
The sources said fifteen representatives of three brokerage houses participated in the launching of the new software.
They said the members of the bourses would run the mock trading for one hour every day after the scheduled trading session is over.
They said the mock trading would be running for 21 working days to make the stakeholders familiar with the new process and find out if there was any flaw in it.
The training of the authorised representatives on the software has already been completed and the new online trading is scheduled to come into operation from September, the DSE sources added.
Source : New Age
