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The consortium had also agreed to provide a trade-matching engine, surveillance software and extensible business reporting language.
But none of the technological enhancements saw the light of day due to the Dhaka bourse s manpower shortages, the use of Mandarin language in the technologies, and the modus operandi being different in Bangladesh.
The Chinese consortium gave its commitment to provide many technologies, and they were prompt too. Hence, the DSE s duty was to adopt it, said the bourse s former managing director, KAM Majedur Rahman.
Rahman was the CEO of the bourse when the deal was signed.
Some of the Chinese consortium s proposals bore prospects of bringing truly revolutionary changes for Bangladesh s capital market, such as automated management of the DSE and information disclosure processes, he said.