DEFINITION of 'Dhaka Stock Exchange - DSE'

The financial marketplace headquartered in Dhaka, Bangladesh. The Dhaka Stock Exchange was incorporated in 1954, and formal trading began in 1956. Originally, the exchange was called the East Pakistan Stock Exchange Association Ltd, and in 1962 the name was revised to East Pakistan Stock Exchange Ltd. Two years later, on Feb. 22, 1964, the name was changed to current day Dhaka Stock Exchange Ltd. The Dhaka Stock Exchange is registered as a Public Limited Company and is regulated by the Bangladesh Securities and Exchange Ordinance of 1969, the Companies Act of 1994 and the Securities and Exchange Commission Act of 1993.

BREAKING DOWN 'Dhaka Stock Exchange - DSE'

Trading on the Dhaka Stock Exchange is conducted in four sessions: enquiry - brokers can logon to the system but no orders can be submitted; opening - all buy and sell orders are compared to calculate the open-adjusted price (no trades are executed during this session); continuous trading - orders are submitted for immediate execution; and enquiry - the market is closed and closing prices are calculated and published.

RELATED TERMS
  1. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  2. Equity Market

    The market in which shares are issued and traded, either through ...
  3. Currency Exchange

    A business that allows customers to exchange one currency for ...
  4. Regional Stock Exchange

    A place outside of a country's primary financial center where ...
  5. Graduated Security

    An equity security that has moved its listing from one stock ...
  6. Primary Listing

    The main stock exchange where a publicly traded company's stock ...
Related Articles
  1. Insights

    What's an Exchange?

    An exchange is an organized marketplace where securities and other financial instruments are traded.
  2. Investing

    Stock Exchanges: A Global Tour

    Check out the history and inner workings of the world's six most well-known stock exchanges.
  3. Insights

    The Birth Of Stock Exchanges

    Learn how British coffeehouses helped give rise to the juggernaut that is the NYSE.
  4. Insights

    The NYSE and Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.
  5. Insights

    Getting To Know The Stock Exchanges

    Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
  6. Investing

    Trading Over the Counter

    OTC trades tend to be for smaller company stocks and debt securities. Debt securities such as bonds are generally traded by investment banks making markets for specific issues.
  7. Investing

    What is the Stock Market?

    A stock market is where shares in corporations are issued and traded. Stock markets are key components of a free market economy.
  8. Personal Finance

    Why You Should Understand The Stock Market

    Even if you don't invest a cent in stocks, you should still understand how the stock market works. Find out why.
  9. Investing

    Explaining Foreign Exchange Risk

    Foreign exchange risk is the chance that an investment’s value will decrease due to changes in currency exchange rates.
RELATED FAQS
  1. How does a company switch from one stock exchange to another?

    A publicly traded company can, in fact, switch to a stock exchange that it believes will be favorable to its financing efforts. ... Read Answer >>
  2. What does it mean when my broker says that shares are for auction?

    An auction market is one in which stock buyers enter competitive bids and stock sellers enter competitive offers at the same ... Read Answer >>
  3. Why are traders on the floor of the exchange?

    Before the advent of electronic trading platforms, the floor of the stock exchange was the location for market transactions ... Read Answer >>
  4. What are the historical beginnings of the securities industry?

    Learn the history of securities trading, beginning in 12th century France and leading to world financial market centers in ... Read Answer >>
  5. When do stock market exchanges close?

    Learn about stock exchanges, the main function of stock market changes and the opening and closing times of some major stock ... Read Answer >>
  6. What are all of the securities markets in the U.S.A?

    There are three major U.S. financial securities markets which are: New York Stock Exchange (NYSE): NYSE is a stock exchange ... Read Answer >>
Hot Definitions
  1. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  2. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  3. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  4. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  5. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  6. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
Trading Center