Just starting to learn trading…
Is it as percentage of the selling rate or just fixed price charge??
View on r/NepalStock by Hrijeshk
Tag: brokers
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How much brokers charge in average?
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NEPSE REST API Live Price, History Price ,Brokers, Companies and Holidays[Free]
So last year I posted about my Python Package that communicated with [Nepalstock.com.np](https://Nepalstock.com.np) Rest API, but soon after I released it there were some changes on the NEPSE site and we couldn’t figure out a way around it. And I have been busy with life so couldn’t really work on it.
Last month I worked on developing our own Rest API to make it available to the Developers. It’s currently in an Alpha Stage and I will keep upgrading sourcing more data, and creating archives, and dumps. I plan to add a floor sheet API very soon.
Our API constantly (automatically) scrapes the data of various sources like Merolagani, ShareSansar, and NepaliPaisa and stores them on a database to redistribute in a managed way. I intercept mobile apps and web apps to find the best and most reliable sources to index the data.
I plan to make a trusted, fast, data heaven website for stock enthusiasts. More like a CoinMarketCap for Nepse. Any Criticism, Advice, and Requests are welcome. I just want to give my best on this project.
Site: [https://kitta.dev](https://kitta.dev)
Discord: [https://discord.gg/zdkv3e7ajT](https://discord.gg/zdkv3e7ajT)
API PLAYGROUND: [https://kitta.dev/playground](https://kitta.dev/playground)
View on r/NepalStock by Nearby_Signal475
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Is it possible for brokers to give a fake statement and/or give less money than they owe us?
I asked broker for payment and statement.
They sent me about 2000 less than I was expecting – also the statement showed 2000 less in credit.
When I told this to the broker – they told me they will send an updated statement – and they did – and it had that around 2000 rupees – which they sent to my account.
I am not sure if this is some settlement days issue or a broker trying to make extra money.
Have you guys experienced something similar? Is it possible for brokers to give fake statements and/or give less money than they owe us?
View on r/NepalStock by AdministrationOdd116
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“NEPSE Confirms Seven New Broker Memberships in Second Phase”
Today, the Nepal Stock Exchange (NEPSE) has given its final approval for membership to seven new brokers in the second phase. Murahari Parajuli, the Company Secretary and Information Officer at NEPSE, confirmed the addition of these seven new brokers to the stock exchange.
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NEPSE Approves Membership for Seven New Brokerage Companies, Expanding Market Services
NEPSE Approves Membership for Seven New Brokerage Companies
The Nepal Stock Exchange (NEPSE) has confirmed the membership of seven new brokerage companies. These companies have met the criteria and received approval from NEPSE’s Board of Directors.
Expansion of Brokerage Services
The seven newly approved companies include Bhole Ganesh Securities Limited, Capital Max Securities Limited, Himalayan Brokerage Company Limited, Sun Securities Private Limited, Miyo Securities Private Limited, Sharepro Securities Private Limited, and Property Wizard Limited.
Phase Two Approval
In the second phase, 11 additional companies obtained licenses from the Securities Board of Nepal (SEBON). Mega Stock Markets Limited can now operate as a full securities broker. Nabil Securities Limited, the sole applicant for a broker company with a dealer’s license, also received approval.
Inspection and Testing
NEPSE is currently inspecting the infrastructure of new brokers to ensure compliance with regulations. Brokers are preparing their IT manpower and establishing connections through an Application Programming Interface (API) for testing purposes.
Membership and Business Activities
After receiving NEPSE’s permission, brokers will need to obtain membership from the CDS and Clearing Limited. Once this process is complete, brokers can begin their business activities in the stock market.
Preparations Underway
Brokers are actively managing staff and preparing their infrastructure for smooth operations in the market. They are working to meet requirements and ensure a successful entry.
NEPSE’s Internal Examination
NEPSE’s Board of Directors will conduct an internal examination of the NEPSE-30 index before determining its operational date. This demonstrates NEPSE’s commitment to a well-functioning stock market.
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NEPSE Hands Membership Certificates to Seven New Brokers; Assigns Broker Numbers 61-67
Today, the Nepal Stock Exchange (NEPSE) delivered membership certificates to seven new brokers who recently met the necessary requirements and obtained final approval. The certificates were presented by Manager Lila Dhar Subedi at the NEPSE Office in Bhadrakali. Additionally, the new brokers were assigned operation numbers ranging from 61 to 67.
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NEPSE BOD Meeting Stalls Decision on Seven New Broker Memberships.
The Board of Directors (BOD) meeting of the Nepal Stock Exchange (NEPSE) held this morning was unable to finalize the membership of seven new brokerage companies. The meeting, as confirmed by Company Secretary and Information Officer Murahari Parajuli, did not reach a decision on the discussed agendas.
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NEPSE Board Meeting to Discuss Approval for Seven Brokers and NEPSE-30 Index Operation Tomorrow.
The Board of Directors of Nepal Stock Exchange (NEPSE) has planned a meeting for Wednesday morning. The meeting will cover important topics such as granting final approval to seven broker companies and deciding on the operational details of the NEPSE-30 index. Murahari Parajuli, the Company Secretary and Information Officer at NEPSE, confirmed these agendas during a phone interview with Sharesansar.
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SEBON Chairman Hamal accuses 50 brokers of consuming up to 70% profit.
During a recent Finance Committee meeting, Chairman Ramesh Kumar Hamal of the Securities Board of Nepal (SEBON) accused a group of 50 brokers of taking away a significant portion, around 70%, of the profits. Chairman Hamal mentioned that he has addressed the investors’ demands over the past 15 years.
Chairman Hamal highlighted that the capital market investors’ longstanding requests for an open broker system and licenses for subsidiary companies of banks have finally been fulfilled. This milestone signifies the first instance in Nepal where three types of broker services have received official licenses.
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SEBON grants licenses to 11 new stock brokers
The Securities Board of Nepal (Sebon) has granted licenses to 11 new companies to act as stock brokers in Nepal’s securities market.The board issued the licenses on Monday, June 5, 2023.
The 11 companies that received licenses are:
- Elite Stock House Limited, Lazimpat, Kathmandu
- Infinity Securities Limited, Sundhara, Kathmandu
- Index Securities Limited, Dillibazar, Kathmandu
- Shuvakamana Securities Pvt. Ltd, Naxal, Kathmandu
- Mega Stock Markets Limited, Tripureshwore, Kathmandu
- Hatemalo Financial Services Pvt. Ltd, Naxal, Kathmandu
- Money World Share Exchange Pvt. Ltd, Putalisadak, Kathmandu
- Machhapuchchhre Securities Limited, Lazimpat, Kathmandu
- K.B.L Securities Limited, Tangal, Kathmandu
- Kalash Stock Market Pvt. Ltd, Bhddhanagar, Kathmandu
- NABIL Securities Limited, Durbarmarg, Kathmandu
With the issuance of these licenses, the total number of securities dealers in Nepal has increased to 69. Of these, 50 are full-time securities brokers and 19 are limited-time securities brokers.
The Sebon has been issuing licenses to new securities dealers in order to expand the reach of the stock market and to increase the number of investors. The board has also been taking steps to improve the regulatory framework for the securities market.
The issuance of licenses to 11 new companies is a positive development for the Nepali stock market. It will help to increase the number of investors and to deepen the market. It will also help to improve the liquidity of the market.
Sebon is expected to continue to issue licenses to new securities dealers in the coming months. This will help to further expand the reach of the stock market and to increase the number of investors.
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Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.
On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst of FRBL, and Ms. Nishu Bhagat, Manager, and Mr. Matiram Paudel, Account and Admin Officer of BFIN, signed the Memorandum of Understanding.
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7 Stock Market Investing Tips
Have you decided to invest in the stock market? Consider these 7 stock market investing tips when making your investments.
1. Have a solid comprehension of basic economic principals.
Before you get started, you should understand basic principals and laws of economics. The stock market closely follows the law of supply and demand. For example, when there is a large demand for the stock of a certain company, the cost of its stock will increase along with the demand. However, if there are more stock available for sale than there are buyers, the unit price of that company stock will decrease.
2. Learn about prospective companies you want to invest in.
Do your homework before you invest in prospective companies. Read the company annual report and find out about their products, operations, services and basic business track record. This information gives you an idea of how stable the company is and whether they can deliver on their promise to offer profits to investors.
3. Select companies with staying power.
There are so many companies that exist in today’s stock market, selecting becomes a major decision for beginning investors. Relatively stable companies and business are owned by the government, unless there is a political revolution or crisis going on. Gasoline companies and telecommunications companies are usually profitable and stable because there is a constant demand for their services and products. While IT companies are rapidly growing in today’s stock market, there are so many of them it may be a challenge to check their profiles to exercise reasonable care before investing. Before putting your money into an IT company, verify their track record and make sure they are stable and profitable for a minimum of 10 years.
4. Keep an eye on the news.
Guesswork is completely ineffective when it comes to investing in the stock market. Good intuition and solid decision-making come from learning about global and local news both politically and economically. When you watch the news, make sure to keep track of the industry your company is in. Even stable companies may go bankrupt or have a major blow that will bring them down.
5. Don’t put all your eggs in one basket.
Avoid investing in just one company and spread out your stock investments to several businesses. When you have stock concentrated in just one company, you have a greater chance of losing it all. When you spread out your investments over several companies, those earning profits can cushion the ones that not not as profitable.
6. Stockbrokers aren’t the final word.
A stock broker is actually gambling with your money so you need to do your own homework. Dishonest brokers can take advantage of investors who do not fully comprehend how the stock market works.
7. Greed is your enemy.
While everyone is eager to make profits in the stock market, an investor loses their sense of reason when they are fueled by greed. A money hungry investor may forget to check on economic rumors and spontaneously decide to sell or buy with the thought of making major profits and then lose it all.
Putting your money in the stock market can of course be risky, but the above stock market investing tips should help point you in the right direction.
