MF facility on T+1 to be available from Sept 13

News Image

By MG News | September 07, 2021 at 01:03 PM GMT+05:00

0:00

September 7, 2021 (MLN): National Clearing Company of Pakistan Limited (NCCPL) informed through a circular that the approved amendments pertaining to reforms in Margin Financing System (MFS) will be implemented from Monday, September 13, 2021.

These amendments include the Provision of MF Facility on T+1 and the availability of MF functionality during trading hours.

To note, Margin Financing Facility which was previously allowed on Trade Date or Settlement Date only; shall now also be available on Trade Date + 1 (T+1).

With regards to the MF facility, the facility was only available after the close of trading hours at PSX. However, this facility shall now also be available throughout the trading hours on a real-time basis (as per Designated Time Schedule hereinafter referred to as DTS).

The aforesaid changes are in continuation to the earlier Circular dated July 14, 2021 and July 23, 2021 regarding amendments approved in NCCPL Regulations related to reforms in MF.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,270.00 110,525.00
110,155.00
-145.00
-0.13%
BRENT CRUDE 68.77 68.89
68.73
-0.03
-0.04%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.03 67.18
66.99
0.03
0.04%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 03, 2025 at 10:04 PM GMT+05:00

SBP reserves rise around to $13bn


July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg