The Colombo Stock Exchange’s (CSE) customised daily trade alert to investors at the end of each trade day notifying them of all transactions that are carried out through their securities accounts in the CDS is serving to stop market manipulation and excessive margin trading.
"Now stockbrokers cannot over extend credit and buy shares on behalf of their clients without the clients' knowledge," a CSE official told the Business Times.
The alert system was introduced by the CSE in a bid to encourage investors to track and monitor their CDS accounts. This service is provided free of charge to the investor and will help an investor to identify any issues or discrepancies concerning any transaction and enable investors to immediately bring it to the notice of their stock broker firms and resolve such matters. (DEC)
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
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