Updated at: 2059 PST, Thursday, October 08, 2009
KARACHI: A new product of leverage at Karachi Stock Exchange (KSE) will take over one month to be introduced, Geo News reported Thursday.
Talking to Geo News, a director of KSE said the KSE will need over one month even if the suggestions which KSE sent to Securities and Exchange Commission of Pakistan (SECP) for new financing products, were approved.
He said in the event of new financing system, the exchange will have to make a new software, which will take time.
KSE director further said the SECP will allow margin trading in one to two weeks.
Thursday, October 8, 2009
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