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Trading in debt securities on KSE soon

Sunday, 27 September 2009


KARACHI, Sept 25 (APP): The Karachi Stock Exchange (KSE) would introduce trading in the debt market securities at the exchange through bond automated trading system (BATS).
According to a KSE, this would offer debt market participants an efficient and transparent platform for trading in the debt market products.
The Securities and Exchange Commission of Pakistan has already accorded approval for regulations governing bond automated trading system of Karachi Stock Exchange.
The KSE would hold a presentation for members followed by a mock trading session and a question-answer session at the KSE on Oct 5, to explain the salient features and a list of all applicable charges.
The KSE would soon provide live, system based, on screen, electronic trading platform called BATS, which would offer market participants a transparent and efficient trading system with all standard features and facilities, critical for the debt market securities trading.
The debt market plays a very critical role for any economy which needs to employ a large amount of capital and resources for achieving the desired industrial and financial growth.
The fixed income securities market, being considered as the engine of economic growth across the world, is easily the largest of all the financial markets in the world today.
The debt market plays a very prominent role in efficient working of the world financial system and in generating the economic growth of nations across the world.
The KSE BATS would seek to make the way for development of a healthy, efficient and active debt market and market structure in line with world class standards.