KARACHI SE FUTURE OUTLOOK 2010 Monday, 18 January 2010
Introduction of Corporate Bonds Automated Trading System
Data Vending and Launch of Mobile Karachi Stock Exchange ( KSE) Automated Trading System (mKats)
Implementation of internationally accepted industry classification Benchmark a jointly developed classification system launched by FTSE Group and Dow Jones Index.
Introduction of Client Level Margining Regime
Restructuring of Net Capital Balance requirement
Pre-settlement mechanism in Ready & Deliverable Future Contract Market
Introduction of Exposure Dropout Facility during Trading Hours
Introduction of Client wise cash deposits allocation against exposure margin and losses
Change in Penalty requirements on Net Capital Balance Certificate.
FUTURE OUTLOOK 2010
Corporatization and Demutualization of stock Exchange:
National Assembly has passed the Stock Exchange (Corporatization, Demutualization and Integration) Bill and this will now be tabled in the Senate for its approvaland afterward, will be notified in the official Gazette for its promulgation as Stock Exchanges (Corporatization, Demutualization and Integration) Act.
Introduction of New Products and New Measures:
KSE plans to introduce new products into the market, to further cater to the growing needs of its investors and help develop Paksitan’s capital markets. KSE will be introducing: Exchange Traded Funds, Sector Based Index, new derivative products