Individual decision · BSEC · 20 May 2024
The Bangladesh Securities and Exchange Commission directs the Dhaka Stock Exchange PLC and Chittagong Stock Exchange PLC to allow ICB Securities Trading Company Limited to exercise a Non-Margin Limit amounting to BDT 500.00 million. The Investment Corporation of Bangladesh or ICB Securities Trading Company Limited must provide an eligible guarantee or corporate guarantee to the stock exchanges for this purpose. This directive takes immediate effect.
Bangladesh Securitiesand Exchange Commission E-6/c, Sher-e-Bangla Nagar Administrative Area Agargaon, Dhaka www.sec.gov.bd Directive No. BSEC/SMMID/44-231/107(7)-1886 Dated 20 May 2024 Inexercise of the powers conferred by section 2OA of the Securities and Exchange Ordinance, 1969(Ordinance No. XVIl of 1969), the Bangladesh Securitiesand Exchange Commission issues the following direction to Dhaka Stock Exchange PLC and Chittagong Stock Exchange PLC regarding Dhaka Stock Exchange (TREC Holder's margin) Regulations 2013 and Chitagong Stock Exchange (TREC Holder's margin) Regulations 2013:-
1) The Stock Exchanges shall allow ICB SecuritiesTrading Company Limited (ISTCL)
toexercise 'Non-MarginLimit' amounting BDT. 500.00 million;
2) Investment Corporation of Bangladesh (ICB) or ISTCL shall provide an eligible
guarantee/corporate guarantee to the stock exchanges in this regard. This shall have immediateeffect. By order of the Bangladesh Securities and Exchange Commission Professor'ShibliRubayat-UI-Islam Chairman
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“Inexercise of the powers conferred by section 2OA of the Securities and Exchange Ordinance, 1969(Ordinance No. XVIl of 1969)”
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