IronOne ATrad launches in Nepal Stock Exchange, marking global growth milestone
July 2024 witnessed a significant milestone as ATrad, Sri Lanka’s premier platform for online stock trading and stockbroker back-office solutions, went live in Nepal at the Nepal Stock Exchange (NEPSE) and successfully completed the first set of live orders.
Renowned for its excellence, ATrad empowers clients with real-time remote order placements, portfolio management, advanced analytics, and seamless transactions, setting the benchmark for reliability and quality standards. With an unrivaled presence in the Colombo Stock Exchange (CSE), ATrad, a Strategic Business Unit of IronOne Technologies, commands an impressive 90% market share for stock trading, illuminating its leadership in the field.
Over 80% of trade initiations within the CSE stem from the ATrad platform. The Nepal Stock Exchange (NSE) embarked on an exhaustive quest for a technologically advanced third-party stock trading platform to accommodate the nation’s burgeoning capital market.
The ATrad team has succeeded in onboarding an impressive 70% of exclusive brokerage firm partners among the country’s stockbroker firms. “Expanding ATrad into the vibrant Nepal market is a testament to our commitment to fostering global financial growth.
Through our partnership with DigiHub, we are embarking on a journey to elevate Nepal’s capital market, empower investors, and shape a igitized Nepal in line with the nation’s vision. Our late CEO, Rajitha Kuruppumulle, ignited this aspiration, and we are dedicated to carrying his vision forward with unwavering determination,” said – Lakmini Wijesundera, Founder and Executive Director of IronOne Technologies.
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