December 27, Kathmandu.
Nepal Stock
Exchange (NEPSE)’s much awaited new feature that allows the investors to see
the ‘market depth’ online will be implemented from Sunday.
It will enable the investors to
get knowledge about the position of buying and selling orders of listed
companies in the NEPSE. “They need not to depend on the securities brokers to
know about the transactions of shares of any companies,” said Sita Ram Thapaliya,
general manager of NEPSE.
Only the securities brokers had
been enjoying the facility so far.
According to Thapaliya, NEPSE
introduced the feature with the objective of allowing the investors to have
more information about the market and make the securities market more
transparent.
Market depth refers to the number
of open buy and sell orders for a security or currency at different prices with
real time updates.
According to Investopedia, an
online dictionary, the depth of market measure provides an indication of the
liquidity and depth for the respective securities.
NEPSE has completed all preparations to
introduce the market depth by Saturday evening.
The investors now can get the
information about the buy and sell orders, set price, and net demand and supply
of shares of companies they would like to buy.
All these information will be
available online at the NEPSE website.
Investors in most of the countries
can see the market depth. However, NEPSE introduced this facility to the
Nepalese investors after about two decades of its establishment.
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