PSX proposes standardized brokerage commission for GIS

News Image

MG News | October 24, 2024 at 04:56 PM GMT+05:00

0:00

October 24, 2024 (MLN): The Pakistan Stock Exchange (PSX) has proposed amendments to its regulations and Schedule of Charges concerning the standardization of brokerage commission applicable to securities brokers and the reduction of PSX Trading Fee for secondary market trading of GIS.

The introduction of standardized charges is expected to increase participation from Brokers, Banks, and Mutual Funds.

Additionally, it will make the GIS secondary market more competitive and bring trading activity on par with the Over-The-Counter market of GDS

Considering the above and in the interest of ensuring a competitive and equitable transactional structure, PSX is proposing to introduce following standardized brokerage commission structure for GIS:

In addition to the above, PSX is also proposing a reduction in Trading Fee and SECP Levy for GIS in the Schedule of Charges as below:

Thereby, PSX has invited all interested parties to provide written comments on the proposed amendments to PSX Regulations and Schedule of Charges.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

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