The Karachi Stock Exchange (Guarantee) Limited’s merged NCSS clearing and settlement

Karachi: This is with reference to KSE notice # KSE/N-6160 dated November 11, 2011 regarding disconnection of all terminals in KSE Building and suspension/closure of all markets earlier than closing time.

Due to the aforementioned reason and in order to avoid inconvenience to the clearing members, NCSS Clearing and Settlement of trades of Friday, November 11, 2011 and Monday, November 14, 2011 shall be cleared and settled oil Wednesday, November 16, 2011.

However, spot trades of Friday, November 11, 2011, shall be cleared and settled on Monday November 14, 2011 on T+1 basis as per normal schedule.

Moreover, trades of November 11, 2011 (of KSE, LSE, and ISE) shall also be made available on Margin Trading and Margin Trading Release Systems on Monday November 14, 2011 for recording and release of MTS transactions.

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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