BSEC approves 30 new broker houses of DSE

The Bangladesh Securities and Exchange Commission (BSEC) has approved 30 new brokerage houses or TRECs (Trading Right Entitlement Certificates) for buying and selling shares in the stock market. 

Out of the total 54 TRECs proposed by the country’s main stock exchange Dhaka Stock Exchange (DSE), 30 TRECs have been approved in the initial stage.

As a result, the total number of brokerage houses or TRECs affiliated to DSE has increased to 280.

A letter regarding the approval of new TRECs has recently been sent to the managing director of DSE, BSEC sources said. 

The DSE chairman has also been informed about the approval of the new TRECs.

The 30 new TREC approved companies are: Kabir Securities, Monarch Holdings, Sohel Securities, RAK Capital, Jamuna Bank Securities, Snigdha Equities, International Securities Company, South Asia Securities, Tri Star Securities, 3 III Securities, Sonali Securities, KDS Share and Securities, Al Haramain Securities, Mir Securities, TK Share and Securities, NRB Bank Securities, SBAC Bank Investment, Amaya Securities, Prudential Capital, Tafaqul Islamic securities, BNB Securities, Agrani Insurance Securities, Mahid Securities, Baraka Securities, ANC Securities, SFIL Securities, Tasiya Securities, Dynasty Securities, Crystal Securities and Trade X Securities.