(1) If a client wants to conduct secondary market trading of bonds through a broker in accordance with Rule 14 and if the bond trading cannot be done because the broker does not have an order for the secondary market trading of bonds, such client shall directly or through a broker order the market maker to conduct secondary market trading of bonds in the format prescribed by the Securities Board. Will be able to.
(2) The market maker may conduct secondary market transactions of bonds by specifying the purchase price and selling price on the notice board placed in the bond trading room of the securities market.
(3) The difference in the purchase or sale price of bonds to be determined according to sub-rule (2) shall not exceed the limit set by the Securities Board.
(4) Regardless of what is written in sub-rule (2), the market maker shall determine only the purchase price of the bond in case he does not have the balance of the bond, and only the sale price of the bond in the case that the maximum balance determined by the Securities Board has been reached.
(5) The market maker may conduct secondary market transactions of bonds from its other branches of Nepal ………… with the approval of the Securities Board at the price fixed in the securities market.
(6) According to sub-rule (5), if there is any change in the price quoted for trading in the securities market during or during the transaction of the bond, arrangements shall be made to change the same in other branches immediately.
(7) Even after the end of the trading time set by the securities market, the market maker can trade the bonds in the secondary market at the final price marked on the notice board placed in the bond trading room on that day.
(8) In accordance with sub-rule (7), the market maker shall give the information of bond trading to the Securities Board and the Securities Market on the same day or the next day before the trading time.
(9) The market maker shall conduct secondary market transactions of bonds in such a way that the minimum limit of the bonds to be held in his possession is not decreased and the maximum limit is not increased as specified by the Securities Board.