The Securities Board of Nepal (SEBON) has issued a notice to eligible institutions requiring them to apply for a Commodities Exchange Market Operation license and a Stock Exchange Operation license within 10 days.
To provide investors with market access, enable commodity price innovation, and provide investors with alternative investment instruments to preserve price stability, a commodities exchange market that is investor-friendly, competitive, worldwide in scope, and competent is required.
In order to run the commodities exchange market under the rules, guidelines, and other applicable regulations, those who seek to form a limited liability company in compliance with the prevailing legislation must first get board permission.