PSX notifies upcoming launch and minimum brokerage commission of Fixed Income ETF

By MG News | March 15, 2022 at 04:44 PM GMT+05:00

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March 15, 2022 (MLN): The Pakistan Stock Exchange (PSX) has informed all market participants that the first “Fixed Income ETF” is expected to launch soon which shall be quoted on the main board of PSX, a notice issued by the bourse showed today.

In order to align the commission structure for this security, the minimum brokerage commission for Fixed Income ETF is revised to 1 paisa or 0.1% whichever is higher.

The launch date of the fixed income ETF will be notified separately, the notice said.

All TRE Certificate holders/Brokers are advised to ensure compliance with the above-mentioned minimum brokerage commission and the necessary changes are made in the relevant systems in order to offer investors trading in the upcoming fixed income ETF, the notice added.

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