Capital market and Economical Growth of Bangladesh

A capital market is a market for securities (debt or equity), where business enterprises (companies) and governments can raise long-term funds. It is defined as a market in which money is provided for periods longer than a year. The capital market includes the stock market (equity securities) and the bond market (debt). Money markets and capital markets are parts of financial markets. Capital market is the market for securities and It gives fund for securities for more than a year. Stock, Bond, Currency and Commodity are coming under the capital market
Financial regulators, such as the Financial Services Authority (FSA) or the Securities and Exchange Commission (SEC), oversee the capital markets in their designated jurisdictions to ensure that investors are protected against fraud, among other duties.

Capital markets may be classified as primary markets and secondary markets. In primary markets, new stock or bond issues are sold to investors via a mechanism known as underwriting. In the secondary markets, existing securities are sold and bought among investors or traders, usually on a securities exchange, over-the-counter, or elsewhere.

Bangladesh capital market is one of the smallest in ASIA but the third largest in the south asia region.It has two full-fledged automated stock exchanges namely Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) and an over-the counter exchange operated by CSE. It also consists of a dedicated regulator, the Securities and Exchange Commission (sec), since, it implements rules and regulations, monitors their implications to operate and develop the capital market.It consists of Central Depository Bangladesh Limited (CDBL), the only Central Depository in Bangladesh that provides facilities for the settlement of transactions of dematerialized securities in CSE and DSE.

Dhaka Stock Exchange was setup on 28th April, 1954 that started formal trading nearly 1956. Post–independence government did not promote a capital market during the first five years, and it was activated again in 1976 with 9 issues on board. In 1995, a second bourse, the Chittagong Stock Exchange, was setup with sophisticated logistic support and modern management. 
by bba litu

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