The Royal Securities Exchange of Bhutan (RSEB) was established in August 1993 and it officially opened for trading on October 11, 1993. It was established as a non-profit and quasi-public organization under the aegis of the Royal Monetary Authority (RMA).
In July 1996, the RSEB was delinked from the RMA as an autonomous body and at present, the RSEB operates as a membership organization comprised of four brokerage firms, which include BNB Securities Ltd, BOB Securities Ltd, RICB Securities Ltd and BDB Securities Ltd. The brokerage firms are the subsidiary companies of four financial institutions.
Developed with the assistance of the Asian Development Bank, the RSEB is regulated by the Financial Services Act of 2011.