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Chittagong Stock Exchange

Name ID no.

Anamul Kabir Chowdhury 14305120

Nasima Tasnim 14305035

Sakhawat Hossain Nouroze 14305027

Nilufar Yeasmin 14305048

Md. Iftakhairul Azim 14305018

Shabnam Naima 14305015

Imtiaj Ahmed 14305123

Zakia Tahsin 14305032

Mohammed Ishaq 14305029

Ifti Khairul Abedin 14305094

Salman Haider 14305109

Presented By…Presented By…

Company overview

CSECSE

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Overview of CSE

Type Type : Stock Exchange: Stock ExchangeLocationLocation : Chittagong Stock Exchange Limited : Chittagong Stock Exchange Limited

1080, Sk. Mujib Road 1080, Sk. Mujib Road  Agrabad C/A, Chittagong Agrabad C/A, Chittagong Bangladesh  Bangladesh  

FoundedFounded : 1995 : 1995 CurrencyCurrency : Taka: TakaNo. of listingsNo. of listings : 250 : 250 Market capMarket cap : US$ 30 billion : US$ 30 billion WebsiteWebsite : www.cse.com.bd : www.cse.com.bd

REGULATORY STRUCTURE OVERVIEW

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Introduction

The Chittagong Stock Exchange is a stock The Chittagong Stock Exchange is a stock exchange based in the port city exchange based in the port city

of Chittagong, Bangladesh. It is one of the twin of Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside financial hubs of the country, alongside

the Dhaka Stock Exchange. Established in the Dhaka Stock Exchange. Established in 1991, the exchange is located in 1991, the exchange is located in

the Agrabad business district in downtown the Agrabad business district in downtown Chittagong. It has a combined market Chittagong. It has a combined market

capitalization of US$ 30 billion as of 2013.capitalization of US$ 30 billion as of 2013.

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BackgroundBackground

The Chittagong Stock Exchange (CSE) began its journey in 10th The Chittagong Stock Exchange (CSE) began its journey in 10th October of 1995 from Chittagong City through the cry-out trading October of 1995 from Chittagong City through the cry-out trading system with the promise to create a state-of-the art bourse in the system with the promise to create a state-of-the art bourse in the

country.country.

Founder members of the proposed Chittagong Stock Exchange Founder members of the proposed Chittagong Stock Exchange approached the Bangladesh Government in January 1995 and approached the Bangladesh Government in January 1995 and

obtained the permission of the Securities and Exchange Commission obtained the permission of the Securities and Exchange Commission on February 12, 1995 for establishing the country's second stock on February 12, 1995 for establishing the country's second stock exchange. The Exchange comprised of twelve Board members, exchange. The Exchange comprised of twelve Board members,

presided by Mr. Amir Khosru Mahmud Chowdhury (MP) and run by presided by Mr. Amir Khosru Mahmud Chowdhury (MP) and run by an independent secretariat from the very first day of its inception.an independent secretariat from the very first day of its inception.

CSE was formally opened by then Hon'ble Prime Minister of CSE was formally opened by then Hon'ble Prime Minister of Bangladesh on November 4, 1995.Bangladesh on November 4, 1995.

Mission & VisionMission & VisionVision: Aspire a global standard transaction place of securities and financial product. 

Mission: Practice a set of core values to build competency in compliance,

diversification and technology so that an accessible platform, market confidence and wealth maximization scope can be

ensured.

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ObjectivesObjectivesIncrease business turnoverIncrease business turnoverModernize trading systemModernize trading systemEnsure effective relationship Ensure effective relationship managementmanagementAchieve high level of confidence & Achieve high level of confidence & professionalismprofessionalismEngage in product and market Engage in product and market diversificationdiversificationContribute to capital market policy Contribute to capital market policy developmentdevelopmentEnsure exchange related quality servicesEnsure exchange related quality services  

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FunctionsFunctions

Listing of securities and ensuring compliance by the Listing of securities and ensuring compliance by the issuers.issuers.Trading provisions for listed securities through efficient Trading provisions for listed securities through efficient trading platform (Online screen based trading system).trading platform (Online screen based trading system).Over the counter market (OTC) & Internet based trade Over the counter market (OTC) & Internet based trade facilities provide by CSE.facilities provide by CSE.Real time online market Surveillance of trading and Real time online market Surveillance of trading and regular monitoring and compliance inspection of trading regular monitoring and compliance inspection of trading operations.operations.Clearing and Settlement of executed trades.Clearing and Settlement of executed trades.Management of the Members.Management of the Members.

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TRADING SYSTEMTRADING SYSTEM

Chittagong Stock Exchange was the first stock exchange Chittagong Stock Exchange was the first stock exchange in the country to introduce automated trading system on in the country to introduce automated trading system on June 1998. The trading system at CSE was known as June 1998. The trading system at CSE was known as CHITTRA at that time. It connected major cities of CHITTRA at that time. It connected major cities of Bangladesh enabling all members to trade nationwide Bangladesh enabling all members to trade nationwide simultaneously with ease and efficiency. CHITTRA simultaneously with ease and efficiency. CHITTRA provided a screen based, quote-driven trading facility. provided a screen based, quote-driven trading facility. Investors were allowed to quote an expected price in their Investors were allowed to quote an expected price in their buy/sell orders. CHITTRA automatically matched the best buy/sell orders. CHITTRA automatically matched the best prices. prices.

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INTERNET TRADING SERVICESINTERNET TRADING SERVICESAfter the introduction of automated trading system in Bangladesh in After the introduction of automated trading system in Bangladesh in 1998, CSE was also the first bourse to introduce Internet Trading 1998, CSE was also the first bourse to introduce Internet Trading services in the country. CSE introduced Internet Trading System on 30th services in the country. CSE introduced Internet Trading System on 30th May 2004. May 2004.

MOBILE TRADING SERVICESMOBILE TRADING SERVICESMobile Trading is a milestone for the capital market of Mobile Trading is a milestone for the capital market of Bangladesh . Like many other initiative, CSE has again Bangladesh . Like many other initiative, CSE has again played a pioneer role in introducing mobile trading in played a pioneer role in introducing mobile trading in Bangladesh . Bangladesh .

Management

CSE has a policymaking Body of 24 members, of whom 12 are elected and 12 are non elected. This Board comprises of one President, three Vice Presidents and 19 Directors. There is an independent secretariat headed by a Chief Executive Officer (CEO). 

Mr. Wali-ul-Maroof MatinManaging Director

Mr. Ahmad Dawood, FCA, FCMA Chief Regulatory Officer (CRO)

Mr. Md. Ghulam FaruqueDeputy General Manager, Dhaka Office

Mr. Mohammed Mazbah UddinDeputy General Manager, Head of Information Technology

Ms. Sonia HossainDeputy General Manager, Market Regulations

Mr. Mohammad Shamsur RahmanDeputy General Manager, Corporate Finance

Mr. Md. Mortuza AlamDeputy General Manager, Market Regulations

Mr. Mohammad Monirul HaqueDeputy General Manager & Head of Clearing and DP Services

Mr. Maksud-ur-RahmanAssistant General Manager, Market Development and International Relations

Mr. Kazi Tanzeeb ShahidAssistant General Manager & Internal Auditor

Mr. AKM Shahroze AlamAssistant General Manager, Market Development

Mr. Arif AhmadAssistant General Manager and Head of Human Resource

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Over The Counter (OTC) is a new facility of Chittagong Stock Exchange for the issuers, investors, capital market and the nation at large, to assist in efficient capital formation by developing vibrant, dynamic and self regulated capital market.

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OTC (New Feature)OTC (New Feature)

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Benefits of Listing in the OTCBenefits of Listing in the OTC

Companies with small and medium paid-up Companies with small and medium paid-up capital get opportunity of trading their shares capital get opportunity of trading their shares in Stock Exchangein Stock ExchangeFavorable issue cost for entrepreneursFavorable issue cost for entrepreneursEnhanced visibility through national exposureEnhanced visibility through national exposureImproved investment opportunities for growth Improved investment opportunities for growth sector enterprisessector enterprisesZero percent interest finance for Zero percent interest finance for EntrepreneursEntrepreneursProvides a source of valuation of securitiesProvides a source of valuation of securities

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MILESTONESMILESTONES

12th February 199512th February 1995Received approval of Bangladesh GovernmentReceived approval of Bangladesh Government1st April 19951st April 1995Incorporated as a limited companyIncorporated as a limited company10th October 199510th October 1995Introduced Floor TradingIntroduced Floor Trading1st January 19961st January 1996Became corresponding member of WorldBecame corresponding member of WorldFederation of Exchanges (Former FIBV)Federation of Exchanges (Former FIBV)2nd June 19982nd June 1998Introduced Automated Trading on WANIntroduced Automated Trading on WAN16th January 200016th January 2000Convened South Asian Federation of Exchange (SAFE)Convened South Asian Federation of Exchange (SAFE)26th January, 200426th January, 2004Central Depository Bangladesh Ltd. (CDBL) formedCentral Depository Bangladesh Ltd. (CDBL) formed30th May, 200430th May, 2004Internet Trading Service launched (ITS)Internet Trading Service launched (ITS)

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4th July, 20044th July, 2004Introduced Over-the-Counter (OTC) marketIntroduced Over-the-Counter (OTC) market14th July, 200414th July, 2004CSE initiates the idea of Securities Institute by raising formal CSE initiates the idea of Securities Institute by raising formal proposalproposal14th Dec, 200514th Dec, 2005Organizes Capital Market Fair- First of its kind in the countryOrganizes Capital Market Fair- First of its kind in the country18th October, 200818th October, 2008CSE became a member of OIC Member States' Stock Exchange CSE became a member of OIC Member States' Stock Exchange ForumForum13th Jan, 201113th Jan, 2011Execution of trade of Short Sell under the RegulationsExecution of trade of Short Sell under the Regulations20th October,201120th October,2011Introduced Next Generation Trading System (NGTS) and the new Introduced Next Generation Trading System (NGTS) and the new websitewebsite22nd July, 201222nd July, 2012CSE launched Disaster Recovery System (DRS)CSE launched Disaster Recovery System (DRS)28th October, 201328th October, 2013Became affiliate member of World Federation of Exchanges(WFE)Became affiliate member of World Federation of Exchanges(WFE)21st November 201321st November 2013CSE started its new journey as a demutualized exchangeCSE started its new journey as a demutualized exchange15th February, 201415th February, 20141st Board Meeting of CSE as a demutualized exchange was held1st Board Meeting of CSE as a demutualized exchange was held

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Share market crash (2010-2011)Share market crash (2010-2011)

An abrupt crash of the share market in 2011 had An abrupt crash of the share market in 2011 had sparked violent protests from the investors. It was the sparked violent protests from the investors. It was the biggest one-day fall in the Bangladesh stock market's biggest one-day fall in the Bangladesh stock market's 55-year history. It is estimated that over 3.5 million (35 55-year history. It is estimated that over 3.5 million (35 lakh) people - many of them small-scale individual lakh) people - many of them small-scale individual investors - had lost their money because of the sharp investors - had lost their money because of the sharp plunge in share prices.plunge in share prices.

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LEGAL BASIS OF CSE LEGAL BASIS OF CSE

After demutualization the Chittagong Stock Exchange After demutualization the Chittagong Stock Exchange Ltd (CSE) is registered as a Public Limited company Ltd (CSE) is registered as a Public Limited company under Companies Act, 1994. The Board, headed by under Companies Act, 1994. The Board, headed by elected Chairman from the Independent Directors, elected Chairman from the Independent Directors, consist of 13 members comprising 7 Independent consist of 13 members comprising 7 Independent

Directors, 5 Shareholder Directors including 1 Strategic Directors, 5 Shareholder Directors including 1 Strategic Investor and the Managing Director.Investor and the Managing Director.

CSE activities are regulated by its own Memorandum & CSE activities are regulated by its own Memorandum & Articles of Association, regulations and by laws along Articles of Association, regulations and by laws along

with the rules, order and notifications of the Bangladesh with the rules, order and notifications of the Bangladesh Securities and Exchange Commission (BSEC).Securities and Exchange Commission (BSEC).

EDUCATION & TRAINING FOR INVESTORS

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CSE conduct investment awareness program in full swing throughout each year and organise a number of seminars and workshops on issues relating to capital market and other market matters. It initiated to produce a TV program of 13 episode on share market to revive awareness among the investors.

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Thank you All…..