Karachi: The Pakistan Stock Exchange (PSX) has announced the trading and settlement schedule for its 90-day stock index futures contracts starting in January 2025. The schedule, which includes key contracts for KSE, OGTI, and BKT indices, marks significant dates for investors in the futures market.

The contracts are set to open on October 28, 2024, with the closing of these contracts scheduled for January 31, 2025. Settlements will then be finalized on February 3, 2025. Specifically, the contracts that will be traded are KSE 30-Jan-25, OGTI-Jan-25, and BKT-Jan-25. These dates are aligned with the typical futures contracts schedule that allows investors to plan their trading strategies accordingly.

According to information available from the Pakistan Stock Exchange (PSX), these futures contracts provide a mechanism for investors to hedge against potential market volatility and speculate based on their projections of market trends. Futures contracts are essential tools for financial planning and risk management, offering participants the ability to lock in prices for stocks within the index they track.

The PSX has noted that the dates provided are subject to change if necessary. The Exchange retains the right to alter or vary the above dates or reduce/extend the contracts as market conditions dictate. This flexibility is crucial for maintaining market stability and accommodating significant financial or economic developments.

The establishment of such futures contracts is part of PSX's ongoing efforts to enhance the dynamism and accessibility of Pakistan's financial markets, providing investors with diverse options to manage their investment portfolios.