KARACHI (November 16 2006): The management of Karachi Stock Exchange (KSE) has decided to brief its members and employees on daily basis to clarify and respond to various queries on the new risk management regime.
In line with the decision taken in a meeting with the Securities and Exchange Commission of Pakistan (SECP), the KSE management has started forwarding statement in relation to impact of mock runs of new risk management measures in order to facilitate its members to ascertain their obligations of deposits/margins under the new risk management regime which will be effective from December 4, 2006.
The management has also been receiving a number of queries on the mock trial reports. Senior officials from operations and IT division will be available at the KSE daily between 3:00 pm and 4:00 pm.
Copyright Business Recorder, 2006