CSE Matara Regional Office gives greater accessibility, convenience

Wednesday, 28 November 2012 02:18 -     - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange (CSE) relocated its Regional Office in Matara to 1st Floor, E.H. Cooray Towers, 24, Anagarika Dharmapala Mawatha, Matara on Monday.

The new location provides its patrons with the same southern hospitality while also providing greater accessibility and convenience to carryout investments in the equity market.

The operation of regional branch offices is part of a strategy to reach out to domestic individual investors by expanding the CSE services throughout the country. The CSE established its first branch in Matara in 1999, followed by Kandy, Kurunegala, Negombo, and Jaffna respectively.

Speaking at the event, Chief Guest CSE Chief Executive Officer Sureka Sellahewa said that from its inception in 1999 the Marata Regional Office has been responsible for generating 18,875 new CDS accounts and Rs. 37 billion in turnover.

“The branch is also ranked as the second largest contributor to turnover when compared with other CSE Regional Offices. The new location will enable us to expand the services provided to investors and students from the region and also enable the implementation of educational and awareness building programs on various aspects of investing,” she added.

The stockbroker firms present at the Matara Branch are: Asha Phillip Securities Ltd., Assestline Securities (Pvt) Ltd., Bartleet Religare Securities (Pvt) Limited, Capital Alliance Securities (Pvt) Ltd., Claridge Stockbrokers (Pvt) Ltd., LOLC Securities Ltd., Nation Lanka Equities (Pvt) Ltd., SC Securities (Pvt) Ltd., and TKS Securities (Pvt) Ltd. Other stockbroker firms operating in Matara are Asia Securities (Pvt) Ltd., Capital Trust Securities (Pvt) Ltd., and Lanka Securities (Pvt) Ltd.

The Colombo Stock Exchange (CSE) operates the only share market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together. The CSE is a company that is limited by guarantee established under the laws of Sri Lanka.

The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 members and 14 trading members. All members and trading members are licensed by the SEC to operate as stockbrokers. For more information, please visit www.cse.lk.

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