Accord to market KSE indices

Published January 28, 2009

KARACHI, Jan 27: The Karachi Stock Exchange and Structured Solutions have agreed to co-operate in the marketing of Pakistani indices, a press release by the KSE on Tuesday stated.

It said that Structured Solutions AG was a leading consulting company in the structured product business in Germany and western Europe. It was engaged in the business of providing structured products for institutional investors and had a joint venture with Boerse-Stuttgart AG, one of largest Derivative Trading Platform, concerning the index platform S-BOX.

“Structured Solutions will market KSE indices to any potential licensee especially in western Europe and outside Pakistan to find potential licensees that are willing to launch structured products ETF’s and other financial products,” the KSE stated.

The cooperation was stated to be based on the marketing of existing indices calculated by the KSE and index development and marketing of new indices that would be tailor-made for investment banks to launch structured products and other financial instruments.

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