Karachi: The Pakistan Stock Exchange (PSX) has announced the activation of its Disaster Recovery Terminals (DRS) scheduled for Wednesday, May 14, 2025. This initiative is part of PSX's ongoing efforts to comply with its Business Continuity Planning (BCP) and Disaster Recovery (DR) framework, ensuring the readiness of market participants in the event of potential disruptions.

Trading Rights Entitlement (TRE) Certificate Holders have been notified through a series of notices, including PSX/N-1068, PSX/N-1332, PSX/N-335, and PSX/N-404, regarding the upcoming testing of the DRS terminals. The activation will occur in accordance with the standard Designated Time Schedule, with all trading rights associated with these terminals set to become operational.

The exercise is designed to evaluate the operational preparedness of securities brokers, enabling them to transition seamlessly to the DR terminals if any unforeseen issues arise or in cases of disruptions at their primary trading sites. This is crucial for maintaining continuous trading operations and mitigating potential impacts on the market.

According to information available from the Pakistan Stock Exchange (PSX), brokers are advised to ensure that the required hardware and correct application versions are installed on their DR terminals well in advance of the testing date. Additionally, brokers must verify the connectivity and functionality of these terminals to ensure seamless operation on the scheduled date.

PSX has requested that any technical issues encountered during the preparation phase be promptly reported to its support staff. This proactive measure is intended to address any potential glitches before the official activation of the DRS terminals.

The designated market category for this announcement is the PSX, which is taking these precautionary steps to safeguard trading operations and ensure the resilience of its systems in the face of potential challenges.