Lahore Stock Exchange Future Outlook Tuesday, 9 February 2010
LSE would continue with its efforts to increase its trading volumes through increasing its outreach and collaboration with other exchanges in this regard. It would also continue to look after the interest of all its stakeholders including the investors, issuers and intermediaries as well as fulfill its role as the front-line regulator to make LSE as the exchange of choice for all the participants.
A major challenge lying ahead for the exchange is its demutualization. This will have a major role to play in the overall reformation of the capital markets of Pakistan and through its successful implementation will enhance governance standards, transparency and ultimately investor’s confidence. The Demutualization Committee and Management of the exchange through consultation with the SECP will be working tirelessly in its efforts to ensure a swift and timely transition. With LSE’s voluntary adoption of the Code of Corporate Governance, its innovative strength in software development and enhancement of its geographical outreach, the new management team is well positioned to capitalize all the available opportunities with its distinct performance.