The Bangladesh Securities and Exchange Commission has discussed a number of things, including commodity exchange, commodity directives and market reforms in a meeting with the newly appointed board of Chittagong Stock Exchange.
The meeting was held on Monday during the BSEC鈥檚 visit to the CSE鈥檚 office in Chattogram. 聽
The CSE made a detailed presentation about the current state of the port city bourse, its infrastructure, workforce, activities, potentials and challenges in the meeting.
The presentation provided an outline about necessary actions for further growth of the CSE.
According to a press release, BSEC chairman Khondoker Rashed Maqsood at the meeting said that the most important matter now was reforming the market.
鈥楾o complete the reform process, cooperation from all stakeholders is necessary. We will heed to everyone鈥檚 opinion and carry out the reform activities within the legal framework,鈥� he said.
鈥楥ollaborative efforts are needed to build a prosperous and successful capital market,鈥� he further said.
A separate meeting was also held between the BSEC and the CSE鈥檚 stakeholder companies and local partners on the day.
BSEC commissioners Mohammad Mohsin Chowdhury, Md Ali Akbar and Farzana Lalarukh, and other BSEC officials were present in the meetings.
CSE chairman AKM Habibur Rahman, managing director M Shaifur Rahman Mazumder, and other officials of the bourse were present there.
The BSECE on September 18 appointed seven independent directors to the board of Chittagong Stock Exchange.
The stock market regulatory body made the move after independent directors of the CSE boards resigned on August 22, after a major political shift in the country following the ousting of the Awami League government on August 5.
