CFS rollover transaction matters reviewed

The board of directors of Karachi Stock Exchange (KSE) has reviewed the matter regarding rollover of CFS transactions. The board decided to allow the CFS trades (Ticket 2) release for rollover by the financee only in the following scenarios.
-- Release to take the delivery.
-- Release to square his sale position.
-- Release to square his partial sale position and rollover the remaining balance for another period of 22 working days.
-- Release on or after 22nd day by the financier. Accordingly, the exchange has decided to monitor compliance of the above restriction by the members through the day-end exception reports with effect from July 9.