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Home Business

PSX restrict HMC Stocks to trading only Securities Broker

admin-augaf by admin-augaf
June 21, 2022
in Business, Finance
Reading Time: 1 min read
0
PSX restore Fikree’s trading terminals after suspension of one days: PSX

PSX restore Fikree’s trading terminals after suspension of one days: PSX

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Karachi June 21 2022: Pakistan Stock Exchange has informed all market participants that M/s. HMC Stocks (Private) Limited has converted into the category of Trading Only Securities Broker as per requirements of Regulation 5A of Securities Brokers (Licensing and Operations) Regulations, 2016.

In this regard, Eclear Services Limited (ESL) has been appointed as Professional Clearing Member (PCM) of abovementioned Trading Only Securities Brokers in order to settle executed trades and keep custody of securities/money of all accounts including proprietary and other related accounts.

Tags: HMCPSX
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