Nepal Stock Exchange has introduced key amendments to its “Securities Dealer Operation Procedure, 2077,” aiming to make the capital market more dynamic, organized, and liquid.

Under the revised provisions, stock dealers are now allowed to trade not only in equities but also in government bonds, mutual funds, and debentures. The previous restriction requiring companies to have three consecutive years of profit has been removed. Dealers can now invest in companies with growth potential, even if they are not yet profitable, provided they have been listed on NEPSE for at least six months.

The minimum paid-up capital requirement has been increased significantly from Rs. 20 crores to Rs. 250 crores. Additionally, dealers are now permitted to conduct daily net trading up to 60% of their net worth.

To streamline procedures, dealers are no longer required to obtain prior approval from NEPSE for their trading lists. Simply informing the exchange will now be sufficient, reducing delays.

According to NEPSE CEO Chudamani Chapagain, the amendments aim to enhance liquidity and strengthen the role of stock dealers in risk management.

NEPSE has also formally notified existing dealers, including Nagarik Stock Dealer Company and Nabil Stock Dealer Company, about the revised rules. The changes are expected to broaden the role of stock dealers and contribute to the overall maturity of Nepal’s capital market.