Netting issue in DFCs has been addressed: PSX

By MG News | January 03, 2020 at 12:12 PM GMT+05:00

0:00

January 3, 2020 (MLN): Pakistan Stock Exchange (PSX) has informed to all TRE Certificate Holders/ Brokers that the netting issue in Deliverable Futures Contracts (DFC) has been addressed effective from December 2019 Contract.

As part of this implementation, the sale position in contract is being adjusted against purchase position during the same DFC Contract.

The system processes this adjustment at the end of trading session, the impact of netting is made available for utilization on the following trading day.

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