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PSX’s Trading and Surveillance System Will Go Live in March
Pakistan Stock Exchange (PSX) trading and surveillance system is expected to go live by the upcoming March.
It was acquired from China’s Shenzhen Stock Exchange (SZSE) in November 2019 and is one of the most anticipated developments in Pakistan’s trading climate. The then chairman of PSX, Sulaiman S. Mehdi, had signed the contract with the Chief Executive Officer of Shenzhen Stock Exchange, Wang Jianjun, to purchase the system.
According to a news article by Arab News, Chief Executive Officer and Managing Director of PSX, Farrukh H. Khan, said, “The system acquired at the cost of around $5 million is in the process of implementation and is expected to come live by March next year”.