Fri, 29 Mar 2024 Today's Paper

CSE says operated stock market successfully despite quarantine curfew

By

27 October 2020 02:38 am - 0     - {{hitsCtrl.values.hits}}

A A A

The Colombo Stock Exchange (CSE) and market intermediaries operated normally but completely based on remote functionality yesterday, with its offices and those of several market intermediary firms being located in areas subject to quarantine curfew. 


Following the digitisation of the CSE, preparatory exercises were carried out as part of regular business continuity processes (BCP) along with stockbroker firms, to ensure the ability to conduct market operations remotely. 

“The CSE and stockbroker firms are satisfied with the outcome of the BCP exercises, which is a clear indication of the robustness of our systems and its ability to continue uninterrupted stock market operations,” a CSE statement said.


“Our teams follow a process of contingency planning and are geared to ensure that all functions can be performed in the event of any unforeseen circumstances. 


The successful remote functionality of today’s trading is a clear indication that as an industry, the business continuity process of the stock market is dynamic and stakeholders could expect uninterrupted functionality and operation of the stock market,” it added.

 

 


Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 0

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H