PSX Sets Dates for Trading and Settlement of November Stock Index Futures Contracts

Stock Exchange Announcements

Karachi: The Pakistan Stock Exchange (PSX) has announced the schedule for the trading and settlement of the 90-day Stock Index Futures Contracts (SIFC) for November 2024, with the contracts set to open on 02-Sep-2024 and close on 29-Nov-2024.

The opening day for the KSE 30-NOV-24, OGTI-NOV-24, and BKTI-NOV-24 contracts is slated for Monday, 02-Sep-2024, and they will conclude trading on Friday, 29-Nov-2024. Settlement for these contracts is scheduled for Monday, 02-Dec-2024. According to information available from the Pakistan Stock Exchange (PSX), this schedule underlines the market's operational framework for the specified trading period in the regular market category.

The PSX reserves the right to modify these dates or adjust the duration of contracts if necessary, ensuring flexibility in its futures trading operations to accommodate any unforeseen changes in the market or regulatory environment.