Several brokerage firms in Nepal have started adopting a new Trading Management System (TMS) for buying and selling shares and other securities. Kalika Securities (tms 46), following Secured Securities (tms 36) and Pragyan Securities (tms 10), launched the new system starting Tuesday.
Two more companies, Nepal Stock House and Dynamic Money Managers, will begin using the new TMS from Thursday, according to Rajan Ghimire, Project Manager at DG Hub.
“Eight other companies are currently in the User Acceptance Testing (UAT) phase,” Ghimire said. “Once UAT is completed, these firms will also switch to the new TMS.”
He added that the NIMB Stock Market has already completed UAT and will go live with the new system next week. UAT involves connecting the broker’s system with the Nepal Stock Exchange (NEPSE) platform.
What’s New in the TMS?
The new TMS, developed by Sri Lanka’s Iron One Technology and customized by DG Hub, offers several improvements:
- Multiple Access Options – Users can trade shares via mobile app, desktop, or web version.
- No Extra Fees – Clients won’t have to pay additional charges for using the system.
- Better Collateral Management – The system clearly shows collateral amounts and remaining balances after transactions.
- Real-Time Tracking – Investors can now view their transaction history, pending payments, and account details without needing to contact their brokers.
- Family Account Integration – Users can link and manage family members’ trading accounts in one place.
- Instant Reinvestment – After selling shares, investors can immediately buy other shares without waiting for funds to settle. Currently, this is only possible if collateral is available.
- Advanced Analytics – The system provides technical analysis tools and company data, eliminating the need for third-party charting apps.
- Backup Trading Feature – Users can now see a complete financial summary in one platform, unlike the current system where daily transactions appear separately.
What Brokers Say
Santosh Mainali, Chairman of Secured Securities, highlighted that the new TMS allows data-driven analysis of different companies with built-in technical tools. “Once you open the TMS, you won’t need other apps or websites to check charts,” he said.
Brokers also mentioned that as more trading tools develop, they will be integrated into the TMS, making it more efficient over time, which is the basic requirement for share trading.
Conclusion
The new TMS is a major upgrade for Nepal’s stock market, offering better transparency, convenience, and efficiency for investors. With more brokers transitioning to this system soon, traders can expect a smoother and more modern trading experience.