The Automated Clearing
and Settlement System (CnS)
is developed to automate all post trade activities
regarding clearing and settlement. Its main stakeholders
are Brokerage houses, CDBL, Clearing Banks and DSE
Finance Division. Major activities of the system are
settlement process DSE receives all charges and AIT
from buying and selling brokers. DSE also receives
receivable amount from buying brokers and earmark
selling shares in selling broker clearing account
through CDBL settlement schedule. Regulation 4 of
the DHAKA STOCK EXCHANGE (SETTLEMENT
OF TRANSACTIONS) REGULATIONS, 2013 has been given effect
time to time.
clearing process DSE make payment by credit instruction
and deliver share through CDBL clearing schedule to
Here is a complete picture of the settlement system for all Instruments
categories as A, B, G, N and Z which are traded in
A-Category Companies: Companies which are regular in holding the annual general meetings
and have declared dividend at the rate of ten percent
or more in the last English calendar year.
B-Category Companies: Companies which are regular in holding the annual general meetings
but have failed to declare dividend at least at the
rate of ten percent in the last English calendar year.
G-Category Companies: Green-field companies of which shares are listed with the DSE
before the company goes into commercial operation
and prior to listing the said company declares the
year of first declaration of dividend.
N-Category Companies: Newly listed companies except green-field companies which shall
be transferred to other categories in accordance with
their first dividend declaration and respective compliance
after listing of their shares.
Z-Category Companies: Companies which have failed to hold the annual general meeting
when due or have failed to declare any dividend based
on annual performance or which are not in operation
continuously for more than six months or whose accumulated
loss after adjustment of revenue reserve, if any,
exceeds its paid up capital.
Provided that the Managing Director of the Exchange may bring any
other company under this category, if deemed necessary,
with the prior written consent from the Commission.