MCB Bank Limited Announces Revised Trading Schedule Following Book Closure Announcement

Karachi: In a recent update, MCB Bank Limited has declared changes to its trading and settlement schedule for Deliverable Future Contracts (DFC) due to the announcement of a book closure date. This adjustment affects the contracts for August, September, and October 2025, as previously notified by the Pakistan Stock Exchange (PSX).

The revised schedule, which impacts the trading on a cum-benefit basis, indicates that contracts opened on June 2, 2025, June 30, 2025, and July 28, 2025, will close on August 13, 2025, with settlements scheduled for August 18, 2025. Concurrently, the ex-benefit trading schedule indicates that contracts opened on August 11, 2025, will close on varying dates in August, September, and October, with settlements following shortly after.

The Pakistan Stock Exchange has retained the right to alter these dates as necessary. According to information available from the Pakistan Stock Exchange (PSX), trades in the shares of MCB Bank Limited during the AUGB, SEPB, and OCTB contracts will not qualify for entitlements and will be executed on an ex-benefit basis.

There is an overlap period for these securities, spanning from August 11 to August 13, 2025. Participants in the market are advised to take note of these updates to ensure compliance with the revised trading schedule.