SECP lifts ban on short selling from Nov

Posted: September 21st, 2006 | Author: | Filed under: News | Tags: , , , , , , | No Comments »

Securities and Exchange Commission of Pakistan (SECP) on Wednesday decided to lift ban on short selling in futures contract from November 2006 with a condition of making necessary changes in the KAT – the trading software at Karachi Stock Exchange (KSE).

At the same time, SECP has turned down the KSE proposal to allow short selling in October 2006 futures counter that was the long standing demand of local bourse.

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