KATHMANDU: Regular share trading on the Nepal Stock Exchange (NEPSE) is set to resume today after a technical problem at the data center serving 72 trading members was resolved.
According to NEPSE Information Officer Murahari Parajuli, trading will resume after Data Hub Pvt. Ltd., which operates the data center used by the trading members, informed NEPSE that the technical issue had been resolved.
NEPSE had suspended regular trading on Monday after the technical problem was detected at the data center. Trading was halted amid concerns that continuing operations could pose a risk to NEPSE’s trading system.
The Securities Board of Nepal (SEBON) has directed NEPSE to conduct a study and investigation into the suspension of trading. It has also asked NEPSE to submit a report outlining necessary measures to prevent similar incidents in the future.
SEBON has deployed a five-member inspection team led by a deputy executive director to examine the incident.
Although trading is resuming following the resolution of the data center issue, the underlying technical cause of the incident and the extent of any systemic risk have yet to be fully established.
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