Stock Brokers’ Association of Nepal (SBAN) was established in 2051 B.S. (1994 AD) as an umbrella organization of all the stock brokers with the main objective of developing a healthy and fair capital market through transparent, competitive and quality stock brokerage service. Its activities include advocacy and policy suggestions; organizing workshops, training and seminars for members’ professional development; preparing and implementing code of conduct among members and organizing investor awareness programs among others. It has its office in Kathmandu. Currently, there are fifty licensed brokers and all of them are the members of SBAN.