Chittagong Stock Exchange Limited.
PRESS RELEASE - 2007

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November 26, 2007

CSE organizes seminar for Journalists Community on “Derivatives”

CSE President Mr. Nasiruddin Ahmed Chowdhury has urged Journalists Community to popularize the Derivatives Products to the general invests. He said, “When the bourses will finally launch the product it is necessary for all to confirm about understanding the Derivative Product. Without knowing or much equipped with the derivative knowledge it is impossible to implement by the stock exchanges, he added while inaugurating the seminar organized by CSE for the local journalists’ community at CSE Conference Hall.

In his inauguration speech, he told that in the present scenario, introduction of such products would surely increase the confidence of the investors as well the cash market. In his speech he also hoped that this training, designed for the market operators will help prepare the brokers as well the exchange for introducing derivative products.

Mr. Arup Mukherjee, Assistant Vice President of National Stock Exchange of India has made presentation on the topic. In his speech, he said derivatives are the must products for Risk Management while investing in the stock market, and when there is any derivative on a stock, it increases the liquidity of that stock in the cash market resulting in the overall liquidity in the market.

Mr. A. B. Siddique, Chief Executive Officer of the Exchange while speaking on the occasion said that this course is the outcome of our series of awareness seminars on familiarizing derivatives in our market. This seminar will put us one step forward towards introducing derivatives in our market. Our market is ready and it became the need of the time to standardize our market with international standards.

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.

CSE officials General Manager Mr. Atiquzzaman, Deputy Manager Mr. AKM Shahroze Alam were also present on the occasion

AKM Shahroze Alam
Deputy Manager
Chittagong Stock Exchange