BO Account stands for Beneficiary Owners Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPOs and most of the secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.

In general, there are two types of Beneficiary Owners accounts. One is Single/Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners accounts in his/her in Anwer Khan Modern Securities Ltd.: one single account and one joint account.

BO Account stands for Beneficiary Owners Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPOs and most of the secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.

In general, there are two types of Beneficiary Owners accounts. One is Single / Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners accounts in his/her in Anwer Khan Modern Securities Ltd.: one single account and one joint account.

Opening a BO account is the first step to start trading in the stock market in Bangladesh. To open a BO account, simply click on this link: BO Account. Once you fill it out, your BO account will be opened automatically by our BO department. Please check your email for BO Account Confirmation once the BO department is done verifying your information.

To open a Single/Joint BO Account you simply need the following

• 2 copy Passport sized photos of the account holder/holders
• Bank Account details (Photocopy of Cheque)
• National ID/Passport photocopy
• Nominee Photo 2copy
• Nominee National ID/Passport photocopy
  
  

A Stock Exchange is a place where the buyer and seller meet to trade in shares in an organized manner. Dhaka Stock Exchange is the main Stock exchange of Bangladesh.

A depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities. CDBL (Central Depository Bangladesh limited) is the main depository in Bangladesh.

You can approach BD SUNLIFE SECURITIES LTD. or any DP (Dipository Participant) of your choice and fill up an account opening form. At the time of opening an account, you have to sign an agreement with DP (Dipository Participant) in a CDBL prescribed standard agreement, which details your and your DP’s (Dipository Participant's) rights and duties.

An index is a stock-market indicator created as a statistical measure of the performance of an entire market or segment of a market based on a sample of securities from the market. An index is thus a means to evaluate the overall performance of a market or of a segment of the market. An index measures aggregate market movements. Apart from being a general market indicator, indices are used as a benchmark to evaluate individual portfolio performance. Professional money managers will always try to outperform the market, i.e. they will always try to do better than the indices. For example, if the value of a portfolio moves up by 10% while the index moved up by only 5% then the portfolio is doing better than the market. We have 2 renowned indices viz.
o DSEX (DSE General Index) and
o DS30
DSEX comprises of all companies. As the name suggests, it is a premier index on DSE. DS30 comprises of 30 large-cap companies on the DSE.

Initial public offering IPO means while a company wants to raise fund from the general public, it goes for public offering after completing necessary regulatory compliances.

“Over –the counter” (or in short ‘OTC’) means the facility provided by an exchange for the purpose of buying or selling of unlisted or delisted securities under OVER-THE COUNTER RULES,2001.

An equity share represents the form of ownership. The holder of such a share is a member of the company and has voting rights.

Equity shares are “High-Risk High-Return Investments.” The major distinction of Equity investment from all other investment avenues is that while the return from many avenues such as Bank Deposits, Small Saving schemes, Debentures, Bonds etc are fixed and certain, the earnings from equity investments are highly uncertain and varied. A good scrip picked up at the right time could fetch fairly good returns else the return may be meager or it may even turn negative, i.e. the invested fund itself may be eroded. In short, if the investment in fixed income category instruments is secured and risk-free to a large extent, investment in equities and related fields could be termed as risky.

A Bond is a promissory note issued by a company or government to its lenders. A Bond is evidence of debt on which the issuing company usually promises to pay the bondholder a specified amount of interest at intervals over a specified length of time, and to repay the original loan on the expiration date. A bond investor lends money to the issuer and in exchange, the issuer promises to repay the loan amount on a specified maturity date.

"Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the EU. The definition of an SME is important for access to finance and EU support programmes targeted specifically at these enterprises.
As companies grow, the initial external capital usually provided by friends and family, and angel investors, is often not sufficient to sustain their capital requirements; yet these companies are not necessarily ready for a traditional listing. Small Capital Platform of DSE, therefore, plays a vital role in the funding environment by bridging this gap for growing SME companies as they seek to develop their business through the use of external finance from capital markets. In addition to providing companies with access to capital, Dhaka Stock Exchange is committed to supporting the growth of companies through specialized department and systems that supports growing companies by providing access to the right resources and capital to scale up and achieve their aspirations.
Small Capital Platform is a dedicated growth market for small and medium sized companies. Small Capital Platform’s regulatory structure, tailored to the needs of growing companies, allows businesses to cost-effectively raise capital at admission and throughout their life on Small Capital Platform."

It is a Bond issued by a company bearing a fixed rate of interest usually payable half-yearly on specific dates and principal amount repayable on a particular date on redemption of the debentures. Debentures are normally secured / charged against the asset of the company in favor of debenture holder.

A Share issued by companies to their shareholders free of cost by capitalization of accumulated reserves from the profits earned in the earlier years.

Dividend is the part of profit distributed by the company among its investors. It is usually declared as a percentage of the paid-up value or face value of the share.

While a company gives a dividend right/bonus shares or intends to hold any AGM/EGM, it declares a book legislature close provider/record date to register the name of shareholders. Only shareholders whose names appear on the register after the book closure/Record date are eligible to attend in the AGM/EGM and also to receive dividends & bonus shares and entitlement to right share, if any.

Circuit breaker is the maximum permissible deviation of the price (specified as percentage), of the incoming order from the circuit Breaker Base price for that instrument. Orders violating circuit breaker will result rejection of the order.

"A market lot is the smallest tradable unit for an instrument except those traded in the odd lot book. All order quantities can only be integral multiple of the market lot.
Any number of shares less than the market lot makes an odd lot. Presently in Bangladesh Capital Market only one share can buy or sell and no lot system, so there have no any odd lot. "

Trading can be done via the phone or by coming in person to the office of BD SUNLIFE SECURITIES LTD. or through any other facility provided by BD SUNLIFE SECURITIES LTD. like Internet trading (DSE Mobile App/DSE Desktop App).

To be able to buy or sell shares in the stock markets a client would need to be registered with a stock broker like BD SUNLIFE SECURITIES LTD. who holds membership in stock exchanges and who is registered with BSEC.

Online share trading is the process of buying and selling of shares through the internet on the secondary market with a view to profiting from the difference in the buying price and selling price. The share price of a stock is determined by the demand and supply of a particular share. Online share trading enjoys various advantages such as accessibility, security, convenience in tracking portfolio etc over traditional branch trading. Dhaka Stock Exchange Ltd. (DSE) provides Mobile Apps facility for online trading for investors.

Any trade settled through a clearing corporation is termed as a ‘Market Trade’. These trades are done through stock brokers on a stock exchange. ‘Off Market Trade’ is one which is settled directly between two parties without the involvement of a clearing corporation.

You can buy the shares that are listed on any of the recognized Stock Exchanges.

There are several types of orders that you can dictate to a broker. The most common type, which is a regular buy or sell order, is called a market order. Another type of order is a limit order wherein you ask the broker to trade only if the price reaches a specific level. In a stop order, you tell the broker to sell your shares if the price drops to a certain level to prevent significant loss because if it drops to that level it is likely to drop further and your losses are likely to increase.

Pay-in for Share/Bond sell. Pay-in day is the day when the broker shall make payment or delivery of securities to the exchange. Pay-out for Share/Bond buy. Pay-out day is the day when the exchange makes payment or delivery of securities to the broker.

Yes, you have to sign the “Member-Client agreement” for the purpose of engaging a broker to execute trades on your behalf from time to time and furnish details relating to yourself to enable the member to maintain Client Registration Form. Beneficiary Owner Account (BO) account have to open.

Payments to BD SUNLIFE SECURITIES LTD. have to be made via a Account Payee cheque/Demand Draft in favor of BD SUNLIFE SECURITIES LTD. Similarly BD SUNLIFE SECURITIES LTD. would pay an Account Payee cheque, or BEFTN in the name of the investor, which will also contain the Bank name and account number of the client.

"Client get money available to his/her BO Code for sale in T+2 (Trading Day and next Second Days) matured period for “A, B, G, N” Category share sell and T+3 (Trading Day and next Third Days) matured period for “Z” Category share sell. After being available of share sell money to your BO code you can buy share or withdraw by providing us duly filled money withdrawal requisition and next day we will send the money via BEFTN system.
The pay-out (Securities Buy) of securities to the clients by BD SUNLIFE SECURITIES LTD. will be within 24 hours of the pay-out (Securities Buy). "