Sonali Bank Issue Trading Halts for 40 mins

Posted by BankInfo on Sun, Dec 12 2010 02:10 pm

Trading at the at the Sonali Banks' stock brokerage house suffered a setback for 40 minutes due to a technical glitch.

Investors at the brokerage house complained that trading came to a halt around noon when the brokerage house lost connection with its main server.

"This is very frustrating for retail investors like us as we cannot follow the real time changes in share price," said Jasim Uddin, an investor trading at the brokerage house.

He also alleged that they had faced the same problem even yesterday and that the management had not done anything to solve the problem.

Chief executive of the merchant banking wing of the bank, Waliar Rahman told bdnews24.com that they have identified the problem and that it had already been fixed.

Source: Bangladesh News, Bangladesh/12th Dec 2010

Posted in News, Banking

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