With the Supreme Court clearing the deck, applications for new stock exchange and commodity exchange companies will be invited again. After the Supreme Court dismissed the writs filed against the license issuance on Sunday, the Securities Board of Nepal (Sebon) said that it would invite applications again for new stock exchange and commodity exchange while it would distribute licenses to brokerage firms based on the earlier applications. According to Sebon Chairman Ramesh Kumar Hamal, the board will hold a meeting and decide to call for proposals for the license of the new stock exchange and commodity exchange after formally receiving the court decision. "The call for licenses for new stock exchanges and commodity exchanges will be made soon," he said, adding, "Broker's license is distributed on the basis of applications already received." The board plans to open applications for stock exchange and commodity exchange with a deadline of 15 days. On September 18, 2022, Sebon issued a public notice inviting interested firms to get brokerage licenses. After the Supreme Court's interlocutory interim order in the first week of November, Sebon stopped the process of issuing new licenses to new stock exchanges, commodity exchanges, and stock brokerage firms.

Currently, Nepal Stock Exchange (Nepse) is the only stock exchange in Nepal. Nepse is jointly owned by the government, Nepal Rastra Bank, and Employees' Provident Fund. Established with a working capital of Rs 35m, the capital of Nepse was later increased to Rs 1bn.

Now the board is planning to establish another stock exchange from the private sector. The minimum paid-up of the new stock exchange has been set at Rs 3bn. As of now, commodity exchange has not yet been legally operational in Nepal. The board had previously called for proposals for granting licenses to commodity exchanges twice. The board plans to issue licenses to two commodity exchanges for now. As for the broker licenses, Nepse has issued recommendations for broker licenses to 45 companies. There is a provision that any company seeking a brokerage license from Sebon must first get a recommendation from Nepse. Most of the 45 companies that received recommendations are eligible for first-level broker services based on the capital structure set by the board. The capital requirement for a new broker license has been fixed between Rs 200m to Rs 1.5bn. Brokers will be issued three different types of licenses based on their capital structure.