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Article: SECP approves 18 securities for future trading.
- Article from:
- The Nation (Karachi, Pakistan)
- Article date:
- July 22, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By OUR STAFF REPORTER Lahore, July 22 (THE NATION): Securities and Exchange Commission of Pakistan (SECP) has approved an exhaustive eligibility criterion, as a result of which, 18 securities qualify for trading in deliverable futures contract market (DFCM). SECP while granting approval, the Karachi Stock Exchange has been advised to carry out a comprehensive review of the DFCM and submit a report to the SECP after three months from the launch of Aug 2009 contract. The scope of the review extends to the entire risk management system and eligibility criteria etc. The Board of Directors of Karachi Stock Exchange (G) Limited in its meeting held on July 14, 2009 approved a ...
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