The Role of Dhaka Stock Exchange

Abstract

Capital market is the promoter of economic development of a country engaged in exchange of capital instruments, like securities, bonds, treasury bills, notes etc. to achieve economic goals. It is the market for securities, where companies and governments can raise long term funds. Bangladesh capital market is one of the smallest markets in Asia but the third largest in the south-Asian region. The efficiency and effectiveness of the capital market and the progress of the overall economy largely depends on the role of the stock exchange. Bangladesh has two full-fledged automated stock exchanges namely Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). Among the two stock exchanges, Dhaka Stock Exchange is the prime bourse of the country. The market at present offers trading facilities of 515 securities through 248 of its member companies and worth Tk.3000 crore which accounts for 19.26% of the GDP of the country. This study is on “The Role of Dhaka Stock Exchange.” This study includes eight chapters. The first chapter is introduction. The second chapter presents the overview of DSE and its various aspects. The third chapter highlights the overview of MIC department of DSE. The fourth chapter highlights how and why different monitoring activities of DSE are performed. The fifth chapter presents the investigation activities of DSE. The sixth chapter presents some compliance aspects. The seventh chapter discusses about the performance of Monitoring, Investigation & Compliance Department of DSE. The eighth chapter contains some problems of the department, some recommendations and the conclusions. This was a great pleasure for me to get such an opportunity to work in prime bourse of the country and offered another chance for me to approach different department to know real scenario of operational procedure of DSE and easy to collect data and thereby enhanced my knowledge about this topic.