KARACHI: Pakistan Stock Exchange (PSX) is all set to acquire Trading and Surveillance System from the Shenzhen Stock Exchange (SZSE).

“The object is to bring PSX at par with other international stock exchanges”, PSX Chairman Sulaiman Mehdi told a press briefing on Friday.

The signing ceremony took place in Shenzhen, China, earlier this week. PSX delegation was headed by Mehdi while the Chinese side was represented by SZSE CEO Wang Jianjun.

He said the Trading and Surveillance System offered by SZSE was state-of-the-art robust system. The system’s benefits included built-in risk management, market access, market data dissemination, market control, real-time trading system, disaster recovery and system operation, monitoring and management, growth enterprise market — so far known as small and medium enterprise trading, bonds/term finance certificate trading, single stock option trading, index option trading and Real time fault-tolerant system.

Published in Dawn, November 30th, 2019

Opinion

Editorial

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

An audit of polio funds at federal and provincial levels is sorely needed, with obstacles hindering eradication efforts targeted.
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...