Karachi: The Pakistan Stock Exchange (PSX) has announced a revised trading and settlement schedule for deliverable future contracts related to United Bank Limited (UBL). This adjustment follows the announcement of the company's book closure date, as detailed in a report dated October 16, 2026.

The trading and settlement schedule for the contracts of October, November, and December 2026 has been modified from the originally notified dates of July 31, August 28, and September 25, 2026. The contracts, previously scheduled on a cum-benefit basis, are set to adhere to the following timeline: the October contract opened on August 3 and will close on October 21, with settlement on October 22; the November contract opened on August 31, closing and settling on the same dates; and the December contract opened on September 28, following the same closing and settlement dates.

Conversely, trading on a non-benefit basis will commence on October 19, 2026. Under this schedule, the October contract will close on October 30 with settlement on November 2. The November and December contracts will conclude on November 27 and December 24, respectively, with settlement occurring on the following Mondays, November 30 and December 28.

According to information available from the Pakistan Stock Exchange (PSX), these updates are part of the adjustments necessitated by the book closure date announcement, affecting market participants and contract timelines. The designated market category for these changes remains unchanged.