Dhaka Stock Exchange

[6] It was first incorporated as East Pakistan Stock Exchange Association Ltd on 28 April 1954 and started formal trading in 1956.

Millions of investors lost their money and came out onto the street, blaming the speculators and regulators for the bubble that finally burst in what became known as the 2011 Bangladesh share market scam.

According to the stock market rule, only members can participate on the floor and buy shares for themselves or their clients.

The management and operation of Dhaka Stock Exchange is entrusted to a 25 members board of directors.

The government has appointed Shibli Rubayat Ul Islam, who teaches banking and insurance at Dhaka University, as the chairman of Bangladesh Securities and Exchange Commission, reports bdnews24.com.

A stock exchange facilitates transparency in transactions of listed securities in perfect equality and competitive conditions.

The bullish market turned bearish during November 2010, with the exchange losing 1,800 points between December 2010 and January 2011.

Old Building of Dhaka Stock Exchange