DSE History History It first incorporated as East Pakistan Stock Exchange Association Ltd in 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd in 23 June 1962. Again renamed as DHAKA Stock Exchange Ltd in 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh. In 16 September 1986 was started. The formula for calculating DSE all share price index was changed according to IFC in 1 November 1993. The automated trading was initiated in 10 August 1998. In 1 January 2001 was started. Central Depository System was initiated in 24 January 2004. As of November 16, 2009, the benchmark index of the Dhaka Stock Exchange (DSE) crossed 4000 points for the first time, setting another new high at 4148 points.In 2010, the index crossed 8500 points and finally crashed in the first quarter of 2011. Millions of investors lost their money and came to the street. Regulators along with speculators made this bubble that finally crashed. Formation Dhaka Stock Exchange (DSE) is a public limited company. It is formed and managed under Company Act 1994, Security and Exchange Commission Act 1993, Security and Exchange Commission Regulation 1994, and Security Exchange (Inside Trading) regulation 1994. The issued capital of this company is Tk. 500,000 which is divided up to 250 shares each pricing Tk. 2000. No individual or firm can buy more than one share. According to stock market rule only members can participate in the floor and can buy shares for himself or his clients. At present it has 230 members. Market capitalization of the Dhaka Stock Exchange reached nearly $9 billion in September 2007 and $27.4 billion on Dec 9, 2009. Management
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DSE History
History
It first incorporated as East Pakistan Stock Exchange Association Ltd in 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd in 23 June 1962. Again renamed as DHAKA Stock Exchange Ltd in 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh. In 16 September 1986 was started. The formula for calculating DSE all share price index was changed according to IFC in 1 November 1993. The automated trading was initiated in 10 August 1998. In 1 January 2001 was started. Central Depository System was initiated in 24 January 2004. As of November 16, 2009, the benchmark index of the Dhaka Stock Exchange (DSE) crossed 4000 points for the first time, setting another new high at 4148 points.In 2010, the index crossed 8500 points and finally crashed in the first quarter of 2011. Millions of investors lost their money and came to the street. Regulators along with speculators made this bubble that finally crashed.
Formation
Dhaka Stock Exchange (DSE) is a public limited company. It is formed and managed under Company Act 1994, Security and Exchange Commission Act 1993, Security and Exchange Commission Regulation 1994, and Security Exchange (Inside Trading) regulation 1994. The issued capital of this company is Tk. 500,000 which is divided up to 250 shares each pricing Tk. 2000. No individual or firm can buy more than one share. According to stock market rule only members can participate in the floor and can buy shares for himself or his clients. At present it has 230 members. Market capitalization of the Dhaka Stock Exchange reached nearly $9 billion in September 2007 and $27.4 billion on Dec 9, 2009.
Management
The management and operation of Dhaka Stock Exchange is entrusted on a 25 members Board of Director. Among them 12 are elected from DSE members, another 12 are selected from different trade bodies and relevant organizations. The CEO is the 25th ex-officio member of the board. The following organizations are currently holding positions in DSE Board:
Bangladesh Bank ICB President of Institute of Chartered Accountants of Bangladesh President of Federation of Bangladesh Chambers of Commerce and Industries President of Metropolitan Chambers of Commerce and Industries Professor of Finance Department of Dhaka University President of DCCI (Dhaka Chamber of Commerce and Industry)
DSE at a glance Incorporated as East Pakistan Stock Exchange Association Ltd.: 28th April 1954Start of Formal Trading: 1956Renamed as East Pakistan Stock Exchange Ltd.: 23rd June 1962Renamed as Dacca Stock Exchange Ltd.: 13th May 1964Trading Suspended under new State Policy: 16th December 1971Trading Resumed in Bangladesh: 16 August 1976Starting Of All Share price Index calculation: 16th September 1986Share price Indices calculation on basis of IFC Designed formula: 1st November 1993Starting of Automated trading: 10th August 1998Starting Of DSE-20 Index calculation: January 2001Starting Of DSE General Index calculation: 27th November 2001Start of CDS through CDBL: 24th January 2004DSE All share price Index (DSI) Re introduced: 28th March 2005
PF1STMF (Phoenix Finance 1st Mutual Fund )PHARMAID (Parma Aids ) PHENIXINS (Phoenix Insurance ) PHOENIXFIN (Phoenix Finance and Investments Ltd. )
Listing Regulation of SECSecurities and Exchange Commission Regulations
Part 200 Organization; Conduct and Ethics; and Information and Requests
Part 201 Rules of Practice
Part 202 Informal and Other Procedures
Part 203 Rules Relating to Investigations
Part 204 Rules Relating to Debt Collection
Part 205 Standards of Professional Conduct for Attorneys Appearing and Practicing Before the Commission in the Representation of an Issuer
Part 209 Electronic Code of Federal Regulations (e-CFR) Listing of Forms Prescribed under the Commission's Rules of Practice
Part 210 Form and Content of and Requirements for Financial Statements, Securities Act of 1933, Securities Exchange Act of 1934, Public Utility Holding Company Act of 1935, Investment Company Act of 1940, Investment Advisers Act of 1940, and Energy Policy and Conservation Act of 1975
Part 211 Index of Interpretations Relating to Financial Reporting Matters
Part 228 Integrated Disclosure System for Small Business Issuers
Part 229 Standard Instructions for Filing Forms Under Securities Act of 1933, Securities Exchange Act of 1934 and Energy Policy and Conservation Act of 1975 — Regulation S-K
Securities Act of 1933
Part 230 General Rules and Regulations
Part 231 Index of Interpretive Releases
Part 232 Regulation S-T — General Rules and Regulations for Electronic Filings
Part 239 e-CFR Forms Listing PDF Versions of SEC Forms
Trust Indenture Act of 1939
Part 260 General Rules and Regulations
Part 261 Index of Interpretive Releases
Part 269 e-CFR Forms ListingPDF Versions of SEC Forms
Securities Exchange Act of 1934
Part 240 General Rules and Regulations
Part 241 Index of Interpretive Releases
Part 242 Regulations M, SHO, ATS, AC, and NMS and Customer Margin Requirements for Security Futures
Companies recently come to IPO (Last One Year) June 2010 to 2011.
IPOs in Bangladesh stock market is most hottest investment which guarantee you lucrative profits, so please don't miss out from applying in Bangladesh IPOs. Following IPOs are available right now to apply for, you can also contact PO issuers or under-writer directly if you have further questions. And also check education page to learn how to open BO account for online trading and applying for IPOs.
Company nameSubscriptionOpen
SubscriptionClose
Subscriptionclose NRB
Offer price
Reliance Insurance Mutual Fund 2011-05-15 2011-05-22 2011-05-31 10.00
EBL NRB Mutual Fund 2011-03-13 2011-03-31 2011-04-09 10.00
POs generally involve one or more investment banks known as "underwriters". The company offering its shares, called the "issuer", enters a contract with a lead underwriter to sell its shares to the public. The underwriter then approaches investors with offers to sell these shares.
The sale (allocation and pricing) of shares in an IPO may take several forms. Common methods include:
A large IPO is usually underwritten by a "syndicate" of investment banks led by one or more major investment banks (lead underwriter). Upon selling the shares, the underwriters keep a commission based on a percentage of the value of the shares sold (called the gross spread). Usually, the lead underwriters, i.e. the underwriters selling the largest proportions of the IPO, take the highest commissions—up to 8% in some cases.
Multinational IPOs may have many syndicates to deal with differing legal requirements in both the issuer's domestic market and other regions. For example, an issuer based in the E.U. may be represented by the main selling syndicate in its domestic market, Europe, in addition to separate syndicates or selling groups for US/Canada and for Asia. Usually, the lead underwriter in the main selling group is also the lead bank in the other selling groups.
Because of the wide array of legal requirements and because it is an expensive process, IPOs typically involve one or more law firms with major practices in securities law, such as the Magic Circle firms of London and the white shoe firms of New York City.
Public offerings are sold to both institutional investors and retail clients of underwriters. A licensed securities salesperson ( Registered Representative in the USA and Canada ) selling shares of a public offering to his clients is paid a commission from their dealer rather than their client. In cases where the salesperson is the client's advisor it is notable that the financial incentives of the advisor and client are not aligned.
In the US sales can only be made through a final Prospectus cleared by the Securities and Exchange Commission.
Investment Dealers will often initiate research coverage on companies so their Corporate Finance departments and retail divisions can attract and market new issues.
The issuer usually allows the underwriters an option to increase the size of the offering by up to 15% under certain circumstance known as the green shoe or overallotment option.
IPO Only One Company follow.
At the start of the year, two-year-old daily deals site Group on was said to be preparing for a spring initial public offering at a $15 billion valuation. Two months later, Bloomberg is reporting that Group on is in talks with bankers and could IPO with a valuation as high as $25 billion.
Group on raised eyebrows when it turned down a $6 billion acquisition offer from Google in December 2010. The startup then went on to raise $950 million in a Series D round — including funding from Starbucks CEO Howard Schultz’s investment firm — with an estimated post-money valuation as high as $7.8 billion.
Could Group on be worth $25 billion by the time it IPOs later this year? It’s hard to say. (Group on declined to comment.) The report in question cites unnamed sources and sheds very little new light on Grouping’s financial well-being — it does add that Groupon now has 70 million members across 500 markets.
We do know that Group on generated $760 million in sales in 2010, according to a leaked internal memo from CEO Andrew Mason in February. Plus, rumors at the time of the Google acquisition talks had it that the company’s annual revenue run rate was $2 billion.
The technology world was first stunned less than one year ago when it was revealed that Group on was worth $1 billion. Should Grouping’s $25 billion IPO come to fruition, it will be larger than Google’s $23 billion market value at the time of its offering, making Groupon’s meteoric rise nearly unparalleled.
Much the same way, I believe, Group on can pull a Google and may be better, because they’ve grown up with an intrinsic set of assets, like a culture to understand consumers (users who buy coupons) and customers (small businesses who offer coupons), create engaging products and do this all in a manner that could give them such quick growth in a market very unlike when Google started (in 90s).
Today Groupon faces the likes of Living Socially and FB (the big daddy of growth performance) and about a thousand others who’ve already recreated their offering or at least tried to. Still Groupon has managed to grow so fast and sustain it with real performance, which makes a case for a this company which is now better poised than even Facebook I say, as they’ve way more business that FB had when they started getting astronomical funding. Plus Groupon has real businesses who pay for their revenues not like FB’s Virtual Credits (which too have a market).
who has 200 million of paid (credit card verified itunes) users, who can actually sell their users stuff which their customers (marketeers, advertisers, etc.) want to sell via direct targeted advertising and a guarantee that these users have a readiness to buy. This is in fact way better than Google or Face book’s users as of today, as we don’t really know whether every person on Google or FB who clicks on our ad, has ever done a transaction online or just searching and clicking through random.
Appendix
As of FIX 4.3, Exchange Codes used in FIX are those defined in ISO 10383 standard: Market Identifier Code (MIC). The cross-reference list below is a subset of ISO 10383 values as of the time of this publication. It is provided to facilitate the transition from the Reuters exchange suffix codes which versions of FIX prior to FIX 4.2 were based upon. The official standard and set of values are maintained by the ISO 10383 standard and any discrepancies below should be considered typographical errors using the ISO 10383 standard as the correct set of values. These values are maintained by ISO 10383 secretariat (see "Appendix 6-B") and as of the time of this publication the website link to view current list of MIC values is: http://www.iso15022.org/MIC/homepageMIC.htm
Note that "Old FIX 4.2" values which are underlined represent "numeric codes" assigned by the FIX organization in lieu of a valid Reuters exchange suffix. Such values which have a valid MIC value should use the MIC value. Markets without a MIC value should apply to the ISO 10383 Registration Authority (SWIFT) for an appropriate value. The FIX organization will maintain numeric values for required market identifiers which are unable to establish a MIC value for some reason.
Please refer to the current ISO 10383 standard for the complete list. The following list is a subset and designed primarily to support cross-referencing mapping from FIX versions <= 4.2 to FIX versions >= 4.3 (when the FIX specification standard changed from Reuters exchange suffix to ISO 10383 MIC code).