The Chittagong Stock Exchange (CSE; ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange.[2]
History
Chittagong Stock Exchange groundwork began in January 1995, when founding members sought approval from the Bangladesh Government. The Securities and Exchange Commission granted authorization for its establishment on 12 February 1995, making CSE the second stock exchange in the country. The exchange was governed by a twelve-member board, chaired by Amir Khosru Mahmud Chowdhury, and operated under an independent secretariat.[3]
The exchange was formally inaugurated on 4 November 1995, by the then Prime Minister of Bangladesh, Begum Khaleda Zia. CSE was incorporated as a company on 1 April 1995, and trading commenced on the same day using the cry-out system.[3]
The CSE has evolved over the years by adopting new technologies to enhance trading efficiency. Notably, it introduced an internet-based trading system on 30 May 2004, significantly modernizing its operations.