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Finance Assignment

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Capital market is a market for securities, where business enterprises and governments can raise long-term funds. It is defined as a market in which money is provided for periods longer than a year, as the raising of short-term funds takes place on other markets. Bangladesh capital market is one of the smallest in Asia but the third largest in the south Asia region. It has two full-fledged automated stock exchanges namely Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) and an over-the counter exchange operated by CSE.
Dhaka Stock Exchange (DSE):
Dhaka Stock Exchange (DSE) was first incorporated as East Pakistan Stock Exchange Association Ltd in 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd in 23 June 1962. Again renamed it’s as Dacca Stock Exchange Ltd in 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh, on 16 September 1986 DSE was started. The formula for calculating DSE all share price index was changed according to IFC on 1 November 1993. The automated trading was initiated in 10 August 1998 and started on 1 January 2001. A Central Securities Depository System was initiated in 24 January 2004.
Chittagong Stock Exchange (CSE):
Chittagong Stock Exchange (CSE) the second stock exchange of the country was established on 12 February, 1995. Being a modern stock exchange, after its setting up in Agra bad commercial area of the port city, CSE has infused many new and innovative ideas for the development of share market. A policy-making committee having 18 members including 12 elected from its general members runs CSE. The Security and Exchange Commission selects other six members. The members of the committee elect the President and 3 vice-presidents of CSE. The committee runs the exchange following the Security Act

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