New leverage product trading to be introduced in local stocks

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New leverage product trading to be introduced in local stocks

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To meet the financing requirements in the local markets new leverage product margin trading will be introduced on Saturday.

23 February,2011 12:53 pm

According to sources, Law Ministry has approved the new leverage product for the local stock markets. And now SECP will send the new regulation to all local markets in next week. The additional avenues of liquidity will be explored to address the needs of the market and to ensure timely introduction of liquidity products including a review of KSE’s margin trading proposal.A draft of these rules has been placed on the SECP’s official website so that the public can give their feedback on the prospective legislation.