The Dhaka Stock Exchange (DSE) has authorized 52 brokerage firms for executing trading of listed securities and awarded them Trading Right Entitlement Certificates (TREC). TREC, popularly known as brokerage license.
The representatives of the companies received the certificates from Prof Shibli Rubayat-Ul-Islam, chairman of Bangladesh Securities and Exchange Commission. He was the chief guest.
For the second time DSE has approved a brokerage license for a non-member firm.
The new TREC holders are – Kabir Securities, Monarch Holdings, Sohel Securities, RAK Capital, Jamuna Bank Securities, Snigdha Equities, International Securities Company, South Asia Securities, Tristar Securities, 3i Securities, Sonali Securities, KDS Shares and Securities, Al Haramain Securities, Mir Securities, TK Shares and Securities, NRB Bank Securities, SBAC Bank Investment, Amaya Securities, Prudential Capital, Takaful Islam’ Securities, BNB Securities, Agrani Insurance Securities, Mahid Securities, Baraka Securities, ANC Securities, SFIL Securities, Tasia Securities, Dynasty Securities, Celestial Securities, Trade X Securities, Amar Securities, Bang Ji Geo Textile, Meenhar Securities, Biplob Holdings, Associated Capital Securities, Be Rich, Columbia Share, Rahman Equity, MKM Securities, Smart Share, Benemoy Securities, Relief Exchange, Emperor Securities, NY Trading, B & BSS Trading, Assurance Securities and Management Limited, CAL Securities Limited, SBI Securities Limited, Wings Fin Limited, Fareast Shares and Securities Limited, Trust Regional Equity Limited and Innova Securities Limited.
DSE will later provide TREC licenses to another three companies – Bridge Stock & Brokerage, Matrix Securities, and DP 7 Limited.
Now total 250 TREC holders are in operation at the Dhaka bourse.
The BSEC chairman urged the new TREC receivers to respect the investors and remain cautious about protecting their savings.