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Stock brokers proposal Mon Aug 08, 2011 11:19 am
Re: Stock brokers proposal Mon Aug 08, 2011 11:21 am
Yep market is going up..Bhagi123 wrote:Ada Derana News
Stock brokers proposal to grant relief to retail investors will receive FAVORABLE attention from the commission - SEC
Re: Stock brokers proposal Mon Aug 08, 2011 11:23 am
Happy! Re: Stock brokers proposal Mon Aug 08, 2011 11:26 am
Re: Stock brokers proposal Mon Aug 08, 2011 11:28 am
Re: Stock brokers proposal Mon Aug 08, 2011 11:28 am Re: Stock brokers proposal Mon Aug 08, 2011 11:32 amExactly this is not a mature market any way.hunter wrote:Funny market!
Re: Stock brokers proposal Mon Aug 08, 2011 11:32 am Re: Stock brokers proposal Mon Aug 08, 2011 11:41 ambmi wrote:Don't forget the T+
Re: Stock brokers proposal Mon Aug 08, 2011 11:45 am Re: Stock brokers proposal Mon Aug 08, 2011 11:57 am
Re: Stock brokers proposal Mon Aug 08, 2011 12:14 pmosmand wrote:bmi wrote:Don't forget the T+
Pls do not buy to credit, untill we receive it in writting
Re: Stock brokers proposal Mon Aug 08, 2011 12:14 pmAamiable wrote:osmand wrote:bmi wrote:Don't forget the T+
Pls do not buy to credit, untill we receive it in writting
buy on funds .... T 5 rule is still there. then there will be a real positive growth
Re: Stock brokers proposal Mon Aug 08, 2011 12:24 pm
Re: Stock brokers proposal Mon Aug 08, 2011 1:01 pm Re: Stock brokers proposal Mon Aug 08, 2011 1:23 pmBhagi123 wrote:some more info on credit
Credit Rules - 08 Aug, 2011 11:48:47
Sri Lanka SEC looking "favourably" at broker credit
Aug 08, 2011 (LBO) - Sri Lanka's Securities and Exchange Commission is looking "favourably" at allowing stock brokers to grant margin facilities following a request from the industry, an official said.
Two weeks ago a majority of Sri Lanka's stock brokers wrote to the SEC asking at least to be allowed to provide credit up to shareholder capital in their firms. "The commission will look at the proposal very favourably to grant margin facilities to small investors," SEC director General Malik Cader said.
The commission is expected to make a decision this week.
The regulator cracked down on broker credit amid bubble fears last year with some analysts estimating that brokers were exposed up to 8.0 billion rupees to their clients.
Since then the market has, earnings of several companies have caught up with valuations.
Stock prices have been falling steeply which broker have attributed to forced selling, which analysts say in an indicator of the level that the market has become dependent on credit.
Stocks were down about 0.9 percent mid-day Tuesday. Meanwhile other Asian markets also plunged after the US credit was downgraded by Standard & Poors.
http://www.lbo.lk/fullstory.php?nid=777672970
Re: Stock brokers proposal Mon Aug 08, 2011 1:59 pm Re: Stock brokers proposal Mon Aug 08, 2011 2:14 pm Re: Stock brokers proposal Mon Aug 08, 2011 3:15 pm Message [Page 1 of 1]
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