The Karachi Stock Exchange (Guarantee) Limited’s market maker’s refundable security deposit

Karachi, July 25, 2012 (PPI-OT): Members are hereby informed that to encourage the Members to become Market Makers in the Derivative Segment, particularly the Cash Settled Single Stock and Stock Index Futures Markets, the Exchange has decided to significantly reduce the subject deposit amount for Market Makers.

In view of the above and in line with the provisions of the Regulations Governing Market Makers clause 3(i), it has been decided to reduce the Market Makers’ Refundable Minimum Security Deposit from Rs. 250,000/ to Rs. 25,000/.

For more information, Contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136