Advertisement

Sixth certificate training on commodity derivatives begins at CSE

Sixth certificate training on commodity derivatives begins at CSE
Photo: Collected
Advertisement
Advertisement

The Chittagong Stock Exchange (CSE) on Sunday launched its sixth certificate training programme on commodity derivatives as part of preparations to establish Bangladesh’s first commodity exchange.

The two-day programme was inaugurated at the Multipurpose Hall of the Bangladesh Securities and Exchange Commission (BSEC), with participation from CSE and Dhaka Stock Exchange (DSE) trading-right entitlement certificate (TREC) holders and other capital market stakeholders.

BSEC Commissioner Md Nafiz Al Tariq formally opened the programme. Also present were CSE Managing Director M Saifur Rahman Majumder, BSEC Executive Director and Spokesperson Md Abul Kalam and senior officials.

Advertisement
Advertisement

In his address, the commissioner praised CSE’s efforts to establish the country’s first commodity exchange, calling it a key milestone for the financial market.

He said most preparatory work has been completed and that BSEC has given in-principle approval to expedite remaining tasks. Once finalised, Bangladesh will be able to launch its first commodity exchange using a futures market with a cash settlement mechanism.

Related News

He added that while a two-day course cannot provide full expertise, it offers a basic foundation and encouraged participants to continue developing skills for the emerging market.

CSE Managing Director M Saifur Rahman Majumder said Bangladesh must expand beyond equities by introducing commodity and derivatives markets to build a more diversified capital market.

He said regulatory and technological infrastructure for the exchange is largely complete. The equity derivatives platform is also ready, while work continues on intermediaries and the wider ecosystem.

Majumder said CSE has held multiple training and awareness programmes over the past three years to prepare professionals for the exchange, who will play a key role once it becomes operational.

He expressed optimism that the commodity exchange could be launched within the next few months.

BSEC Executive Director Md Abul Kalam said most groundwork has been completed and highlighted both opportunities and challenges. He urged market participants to build stronger professional capacity to engage with the new market.

Follow TIMES on Google News

Get trusted updates and editor-picked stories in your feed.

Follow
Related News