Karachi: The Pakistan Stock Exchange (PSX) has released the trading and settlement schedule for the 90-day Stock Index Futures Contracts (SIFC) for December 2024. The contracts involved include the KSE 30 Index Futures (KSE 30-DEC-24), the Oil and Gas Index Futures (OGTI-DEC-24), and the Banking Sector Index Futures (BKTI-DEC-24), all set to commence trading on Monday, September 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), these futures contracts are slated for closure on Friday, December 27, 2024, with the final settlements scheduled for Monday, December 30, 2024. This structured timeline is intended to provide clarity and predictability for market participants, facilitating strategic trading and risk management.

The designated market category for these futures is integral to the PSX’s derivatives market, offering investors tools for hedging, speculating, and diversifying portfolios using index-based instruments. The specific schedules for each contract ensure that traders can plan their activities in accordance with official timelines, contributing to more streamlined operations in the financial market.

PSX maintains the authority to modify these dates, shorten, or extend the duration of the contracts if market conditions or regulatory considerations demand such adjustments. This flexibility is crucial for maintaining market stability and accommodating unforeseen changes in the financial landscape.