Pakistan Stock Exchange
A background of the Pakistan Stock Exchange. Early in 1952 it became necessary to form an East Pakistan Stock Exchange because the Calcutta Stock Exchange had banned the trading of Pakistani shares and securities. In 1953 a commission in Pakistan decided that there were to be no more than 150 members and quite a strict membership rate was set to try and prevent too many companies attempting to register. This number was increased to 250 in 1964 although at that time there were then 195 paid members. Even though the East Pakistan Stock Exchange was formed in 1954 formal trading did not begin until 1956, two years later. At this time it was located in Narayanganj but was soon relocated to Dhaka in 1958. About the Pakistan Stock Exchange. The Pakistan Stock Exchange has grown noticeably in the last few years and in order to keep up with this progression, the Pakistan Stock Exchange has found it necessary to implement new technologies and ideas. As with many of the larger Stock Exchanges the Pakistan Stock Exchange have automated just about everything they can from the trading system to many different aspects of the surveillance system and other aspects of the software. The Pakistan Stock Exchange fully understood that by automating certain tasks they would be able to guarantee a greater sense of liquidity and while there is a certain amount of liquidity within the Pakistan market, it is still quite limited however the systems they have put in place should change this in the future. They also realized that by using software to maintain many of the systems they would be able to give greater customer satisfaction and attract more members as well as traders. All in all the Pakistan Stock Exchange have just about every system in place to carry them forward in what is a data dependant and customer driven marketplace. With a little more work and a higher degree of liquidity there is no reason why the Pakistan Stock Exchange won't grow and grow to become even more popular and successful. They take data integrity and data security very seriously, and this can be seen through the systems they have employed. Data remains secure but when it needs to be transferred, passed on or manipulated it is done so in a fast and efficient manner; the global systems employed ensuring that there are no limitations because of the locations of end users. The markets. The Pakistan Stock Exchange offer 4 different markets, the spot market, public market, odd lot market and block market so there are virtually no limitations to entry for investors or investment firms. As the Pakistani economy and Stock Exchange grows the markets will undoubtedly be able to grow with it. The systems are in place, the knowledge is there and the management wants to see it happen so it shouldn't be too long before we'll be seeing more from the Pakistan Stock Exchange.
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