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Commissioner Shaikh Shamsuddin Ahmed said the module would reduce investors’ sufferings when transferring shares from one brokerage to another.

“We have the capability to modernise the stock market and improve the technology which was proved by the module creation within a very short period of time,” he said.

“We are trying to improve our technology so that it becomes easy for people to get involved in the stock market,” he added. “Now we are working on an online IPO application software so that investors can apply online,” he said.

Sayedur Rahman, president of Bangladesh Merchant Bankers Association, Sharif Anwar Hossain, president of DSE Brokers Association, Abdul Matin Patwary, managing director (in charge) of the DSE, and Mamun-Ur-Rashid, managing director of the CSE, were also present.