Revised Trading and Settlement Schedule Announced for Deliverable Future Contracts

Karachi: In a notice issued on October 30, 2026, the Pakistan Stock Exchange (PSX) has informed market participants of changes in the trading and settlement schedules for Deliverable Future Contracts (DFC) due to the announcement of book closure dates for several companies. The adjustments apply to contracts for November and December 2026 and affect the Oil and Gas Development Company Limited (OGDC), Hum Network Limited (HUMNL), and Pakistan Petroleum Limited (PPL).

For OGDC, the trading and settlement on a cum-benefit basis for the DFC-NOV-26 contract commenced on September 21, 2026, and will close on November 5, 2026, with settlement on November 6, 2026. The DFC-DEC-26 contract also opened on September 28, 2026, and follows the same closing and settlement pattern.

According to information available from the Pakistan Stock Exchange (PSX), trading without the entitlement of benefits will start on November 2, 2026, for the DFC-NOVC-26, closing on November 27, 2026, with settlement on November 30, 2026. The DFC-DECB-26 will similarly open on November 2, 2026, close on December 24, 2026, and settle on December 28, 2026.

For HUMNL and PPL, the cum-benefit trading for the DFC-NOVB-26 and DFC-DECB-26 began on October 12, 2026, and will conclude on November 5, 2026, with settlement on November 6, 2026. The trading schedule excluding benefits will start on November 2, 2026, for the contracts DFC-NOVC-26 and DFC-DECC-26, closing on November 27, 2026, and December 24, 2026, respectively, with settlements following each closing date on November 30, 2026, and December 28, 2026.

These changes are crucial for market participants involved in trading and settlement of these companies' futures, ensuring compliance with the new timelines outlined by the PSX.