Karachi, Due to the announcement of book closure dates of Meezan Bank Limited (MEBL) and Shell Pakistan Limited (SHEL), the trading and settlement schedule of Deliverable Future Contracts (DFC) for November 2023 (DFC-NOV-2023) and December 2023 (DFC-DEC-2023) has been revised.
For Meezan Bank Limited and Shell Pakistan Limited, the trading and settlement schedule on cum-benefit basis is as follows: - DFC-NOV-2023: Contract opened on 28-Aug-23 (Monday), closing on 27-Oct-23 (Friday), and settlement on 31-Oct-23 (Tuesday). - DFC-DEC-2023: Contract opened on 02-Oct-23 (Monday), closing on 27-Oct-23 (Friday), and settlement on 31-Oct-23 (Tuesday).
The trading and settlement schedule without the entitlement of benefit is as follows: - DFC-NOVB-2023: Contract opened on 23-Oct-23 (Monday), closing on 24-Nov-23 (Friday), and settlement on 28-Nov-23 (Tuesday). - DFC-DECB-2023: Contract opened on 23-Oct-23 (Monday), closing on 29-Dec-23 (Friday), and settlement on 02-Jan-24 (Tuesday).