Nasdaq, Inc.NEW YORK
and DHAKA, Bangladesh, Jan. 02, 2023 (WORLD NEWSWIRE)– Dhaka Stock Exchange (DSE) and Nasdaq (Nasdaq: NDAQ) today announced the extension of their partnership where Nasdaq supplies DSE with trading technology. The arrangement includes an upgrade of Nasdaq ´ s X-stream INET technology in order to accommodate the increasing trading activity of the exchange with kept market resiliency and investor integrity.During 2022, DSE effectively released a new Alternative Trading Board-ATB – and an SME market. DSE today have more than 300 brokering intermediaries and procedures around 400,000 equity trades each day in its 650+listed securities with a combined market cap of around 73 billion USD. To assist in the next phase of its expansion, the upgrade of its trading system will be an essential part.”Considering that our industrial relationship with Nasdaq was developed
in 2014, DSE has continued to develop in line with our ambition to become the leading exchange in the region and a key chauffeur of development for the more comprehensive economy, “stated M. Shaifur Rahman Mazumdar, Performing MD of DSE.” By more investing in Nasdaq ´ s world-class innovation we are positive that we will be stand even better geared up to additional empower financiers looking to implement sophisticated trading methods and business owners aiming to raise capital in order to grow their companies and develop jobs.””Nasdaq is happy to have been relied on with deepening our currently strong technology collaboration with DSE,”
said Virginie Barbot, Managing Director for Marketplace Technology, Southeast Asia and Pacific at Nasdaq.” By leveraging Nasdaq ´ s robust and versatile technology solutions, DSE will be able to continue growing its monetary footprint in South Asia while making sure financier defense, access to capital for business in the region in addition to amazing opportunities for both local and international investors. We look forward to taking this next step in our joint journey in constructing a first-rate financial market that will continue to benefit the area, the Bangladeshi economy and international monetary markets.” Story continues
Nasdaq’s end-to-end market innovation powers more than 2,300 business in 50 countries, covering the world’s financial market, consisting of capital markets facilities operators, market participants, banks, and regulators.About Nasdaq Nasdaq(Nasdaq: NDAQ)is an international innovation company serving the capital markets and other industries. Our diverse offering of information, analytics, software application, and services makes it possible for customers to enhance and execute their service vision with self-confidence. To find out more about the company, innovation solutions and career chances, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.About Dhaka Stock market Dhaka Stock Exchange Limited(DSE) is the main and largest stock market of Bangladesh. The Dhaka
Stock Exchange
has over 650 listed securities with a combined market capitalization of around United States$73 billion. Dhaka Stock market began operation in 1956 and the significant functions of DSE are Listing of securities, Settlement of trading, granting approval to the transaction/transfer of share outside the trading system of the exchange, Market Administration & Control, Market Security, Keeping track of the activities of listed business and so on. To learn more see www.dse.com.bd.Nasdaq Media Contact David [email protected] +46734496135 #NDAQG