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Transactions of the listed securities through DSE-Mobile app have continued to rise as the number of active users of this digital application rose 50.51 per cent in last two years.
The number of active users of the DSE mobile application rose to 77,064 on December 30, 2021, the last trading day of the outgoing year, according to information of Dhaka Stock Exchange (DSE).
The number of active users of the DSE mobile app was 51,199 on December 30, 2019.
As a result, the number of active users rose 50.51 per cent or 25,865 during 2019-2021.
Above 13.39 million trades were executed through the DSE-mobile app in the outgoing year 2021, according to DSE information.
During the year 2021, the premier bourse DSE saw a turnover of above Tk 426.81 billion through the DSE mobile app.
Investors purchased the securities worth Tk 217.82 billion while they sold securities worth above Tk 208.98 billion through the DSE-mobile app in the outgoing year 2021.
The number of mobile app users, however, still remains very insignificant compared to total number of active BO (beneficiary owner’s) accounts.
The number of active accounts stood at 20.03 million as on December 30, 2021.
As a result, the number of investors using the DSE mobile app is only around 4.0 per cent of total active BO accounts.
The premier bourse launched the mobile-based share trading app on March 9, 2016.
The application was developed by FlexTrade Systems, a global leader in broker-neutral trading platforms.
The app is available on Google Play Store and offers features to help users track the indices and get the information of market and company.
The DSE-mobile app’s features include market and trading statistics in real, company related news and information of listed securities and investors’ portfolios.
Apart from executing buy and sale orders, the app provides some featured information including buy or sell alerts and notifications.
(FE)
