karachi: Pakistan Stock Exchange Limited (PSX) has announced the appointment of Chase Securities Pakistan (Private) Limited as the Designated Market Maker for the JS Momentum Factor Exchange Traded Fund (JSMFETF). The appointment, effective June 17, 2026, follows the execution of an addendum to the Market Maker agreement between PSX and Chase Securities Pakistan (Private) Limited.
Chase Securities will serve as the market maker for the JSMFETF, a security issued by JS Investments Limited, under the terms and conditions outlined in their market making agreement. This development is in line with the Market Makers Regulations set forth by the PSX.
According to information available from the Pakistan Stock Exchange (PSX), the appointment aims to enhance liquidity and facilitate better trading for the JSMFETF. This initiative is expected to benefit investors and other market participants by ensuring more efficient and orderly trading in the designated security.
Market participants have been requested by PSX to take note of this appointment, which underscores the exchange's commitment to fostering a dynamic and competitive trading environment.