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The Karachi Stock Exchange (Guarantee) Limited’s exclusion of securities from the list of eligible securities for trading in deliverable futures contract (DFC) and cash settled futures (CSF) contract based on uniform selection criteria

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Karachi: This is further to our Notice No. KSE/N-3971 dated July 29, 2011; Members of the Exchange are hereby informed that following 3 securities have been excluded from the list of eligible securities for trading under Deliverable Futures and Cash Settled Futures contract markets based on point No. 9 of uniform selection criteria.

 

S. No.SymbolCompany NameReason of Exclusion
1.AICLAdamjee Insurance Company LimitedAverage Daily Volume c 0.25% of total Book Entry Securities
2.AKBLAskari Bank LimitedImpact Cost> 1%
3.ANL Azgard Nine LimitedImpact Cost> 1%

 

Please note that above securities will be excluded from list of eligible securities in DFC and CSF markets from the opening of January Deliverable Futures Contract i.e. DFC-January 2012 contract and March Cash Settled Futures Contracts i.e. CSF-March 2012 contract.

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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