Dear reader, please upgrade to the latest version of IE to have a better reading experience. In order to provide unrestricted access to the trading platform for other market participants, such as primary dealers, financial institutions, mutual funds and banks, the KSE observed that it had also provided a View only Terminals VOT which displayed live rates and trades throughout the trading session for accurate and transparent price discovery.
Previously, the trading conducted in TFCs was done between the buyer and seller unofficially over phone and disclosure requirements were not met. The trading suspension in those securities would begin on BC-1, i. Moreover, the book closure announcement and dates of commencement of trading would also be notified through KSE 'daily quotations. Accordingly, the contribution in the said Fund would now be applicable as follows 1 50 per cent of the required contribution Rs, to be made after three months from the go-live date of BATS and 2 Remaining 50 per cent required contribution Rs, to be made after six months from the go-live date for BATS.
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