Vol. 5 Num 558 Wed. December 21, 2005  

New brokerage house starts operations

Primet Securities Limited (PSL), a new brokerage house, yesterday started operations, committing to providing most modern online share trading services on Dhaka Stock Exchange Limited (DSE).

DSE President Shahiq Khan formally inaugurated the brokerage house at Modhumita Cinema Building in Dhaka.

Immediate past president of DSE Ahmed Iqbal Hasan and Altab- ul Islam, director of Federation of Bangladesh Chambers of Commerce and Industry, also attended the function.

The new corporate member of DSE, the first of its kind in Bangladesh, will provide the investors with online account balance checking service round the clock.

It will also benefit them to check the status of their BO accounts and transactions updates within least possible time.

The PSL will also provide margin facilities, day-to-day client confirmation, share transactions through confirmation by phone and fax and home service to its clients.

Addressing the function, the DSE president said the online BO account balance checking services of PSL will add new dimension to DSE's state-of-the-art technology adoption drive.

He said the DSE has infused dynamism into stock trading by incorporating 35 new members last year.

"I believe that with these new entrants, the stock market will be immensely benefited as they bring new ideas and dynamism," he said.

PSL Chairman Dr Zahirul Islam said his company will expand online trading service to other cities of the country.

PSL Managing Director Dr Tanvir Hasan Sami and directors Dr Abu Sayed Tito and Dr Saiful Islam also spoke.