KATHMANDU, Sept 22: Regular share trading at the Nepal Stock Exchange (NEPSE) will resume from today after the technical issue at the data center serving its 72 trading members was resolved.
NEPSE Information Officer Murahari Parajuli said trading would resume as usual from today, September 22, after Nepse received information that the technical issue at Data Hub Pvt. Ltd., which serves as the data center for trading members, had been resolved.
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NEPSE had suspended regular trading on September 21 after a technical problem occurred at the data center. Trading was halted because continuing operations without resolving the problem could have risked damaging NEPSE’s trading system.
The Securities Board of Nepal (SEBON) had also instructed NEPSE to study and investigate the issue that led to the suspension of trading. The board directed NEPSE to submit a report with necessary corrective measures to prevent such incidents in the future. It has also dispatched a five-member inspection team led by its deputy executive director.
Although trading will resume today following the resolution of the technical issue at the data center, the technical cause of the incident and the associated systemic risk have yet to be identified.
