Karachi: The Pakistan Stock Exchange Limited (PSX) has been updated on the quarterly complaint filed by Corptec Associates (Pvt.) Ltd, as mandated under regulation 10(1)(k) of the Share Registrar and Balloters Regulations, 2017. The report, pertaining to the quarter ending June 30, 2024, was submitted for record-keeping and regulatory compliance.
The complaint details, although not disclosed in specifics, are a routine part of corporate compliance, ensuring that grievances related to share registration and balloting are formally logged and addressed.
Additionally, PSX has announced the schedule for the trading and settlement of 90-day stock index futures contracts (SIFC) for October 2024. The schedule affects various indices, including KSE 30, OGTI, and BKTI. Trading for these indices will commence on July 29, 2024, with the opening of contracts, and conclude on October 25, 2024, with the contracts closing. The settlement will occur shortly thereafter on October 28, 2024.
According to information available from the Pakistan Stock Exchange (PSX), this structured timeline provides traders and investors a clear framework for their transactions, ensuring clarity and predictability in trading futures contracts. The PSX retains the authority to modify these dates or adjust the duration of the contracts should market conditions or operational necessities arise.
All market participants have been advised to note these dates and plan their trading activities accordingly.