Press Release
Chittagong, May 16, 2006: Bangladesh Capital Market is going to add a new product, which is widely, and actively transacting in the developed country exchanges, says Chief Executive Officer of CSE Mr. A B Siddique while made his inaugural speech at a workshop organized for the CSE Members at CSE Conference Hall.
In order to increase CSE’s Brokers’ business as well as to develop and expand the country’s capital market, The Trading and Market Development Committee of CSE has advised to organized a workshop on “Derivatives” for the CSE Members, said Mr. A B Siddique. He also added that when “Derivative” products will be added in the existing equities market, liquidity will be tremendously increased.
He said, it is the first step to aware our members and very soon the trading will take place in our trading system. He said, the derivative products, which do not exist at all in our stock market, are the most popular investment instruments for the corporate investors as well as for individuals in the developed countries in India, Pakistan etc.
Mr. Atiquzzaman, Head of Market Operations & Compliance while delivering on the topic said, Derivatives is an Investment/Product which does not have any value on its own i.e. It derives its value from underlying assets, which can be a stock, bonds, commodities, interest rate, exchange rates or stock or other market indices, rainfall, temperature etc. Derivatives give us a choice to trade on the underlying at a fraction of a cost i.e. Derivatives are leveraged products.
He also elaborately discussed on the various products on Derivatives such as Forwards, Futures and Options.
Among other CSE Members, Directors of CSE Mr. Bijon Chakroborty, Mr. ASM Shahidullah were present in the workshop.
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| Mr. A B Siddique, CEO of CSE is speaking on Derivatives while Mr. Bijon Chakroborty, Mr. ASM Shahidullah directors of CSE and former CEO of CSE Mr. Wali-ul-Maroof Matin are also seen in the picture | |
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AKM Shahroze Alam
Deputy Manager
Corporate Development