PSX issues interim review of Securities Eligibility for NCC Systems

By MG News | December 03, 2018 at 01:01 PM GMT+05:00

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December 3, 2018 (MLN): Pakistan Stock Exchange (PSX) has issued a list securities to be excluded from/included in, the list of eligible securities for respective NCC systems.

In accordance with National Clearing Company of Pakistan Limited (NCCPL) regulations:

Allied Bank Limited (ABL), Clover Pakistan Limited (CLOV), Dost Steels Limited (DSL). Engro Powergen Qadirpur Limited (EPQL) and Tri-Star Polyester Limited (TRPOL) will be excluded from the list of ‘Securities Lending and Borrowing ‘(SLB) eligible securities, effective from December 31, 2018.
BYCO Petroleum Pakistan Limited (BYCO) will be excluded from ‘Category – A’ in the list of ‘Securities Eligible for Margin Trading System and MT (R) Transaction Margins’, and included in ‘Category – B’ of the same, effective from January 29, 2018.
BYCO will also be excluded from the list of ‘Margin Eligible Securities’, effective from December 31, 2018.

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