The Dhaka Stock Exchange can brace itself for some radical technological upgrades in the near future that would take it to global standards after Shenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange (SSE) became its strategic partner.
The Chinese consortium, which will ink the deal to purchase 25 percent stake in the DSE today, has offered to share an array of technical products and services covering all aspects of the stock exchange business.
“With the product and services, DSE can become a leading stock exchange in the region,” said the proposal from the consortium.
The consortium has offered to assist in mapping the information disclosure process for issuers at the DSE and share its expertise in designing an electronic information disclosure system.
The platform would provide corporate information of the issuing companies, simple analytical tools, interactive question and answer facility and online complaint portal with a view to enhancing transparency and corporate governance.