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Sri Lanka CSE says will rectify broker system glitch, DVP running

Sri Lanka s Colombo Stock Exchange said it will clear a problem with a IT system provided by a vendor for broker, which delayed opening on Monday and that delivery versus payment system had started as earlier planned. ....

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Sri Lanka stock market app drives 17,000 new accounts, 65,000 downloads


Sunday July 11, 2021
7:52 am
Sunday July 11, 2021
7:52 am
ECONOMYNEXT- More than 65,000 persons had downloaded a mobile application for Sri Lanka’s Colombo Stock Exchange and 17,000 new securities deposit accounts had been opened after the start of a digitalization drive, the regulator said.
A second phase will expand the process done digitally, eliminating more paper work.
Of the total individual stock investment accounts opened since the digitalization of front end activities began in 2020 in a Coronavirus outbreak 97 percent were opened through the app, Sri Lanka’s Securities and Exchange Commission said.
Of that 84 percent were opened by people between the ages of 18 and 40. ....

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