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PSX Declare Margalla Financials And Bridge Securities As Trading Only Securities Brokers

admin-augaf by admin-augaf
November 17, 2021
in Business
Reading Time: 1 min read
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Margalla Financials And Bridge Securities

Margalla Financials And Bridge Securities

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Karachi November 17 2021: Pakistan Stock Exchange informed that M/s. Margalla Financial (Private) Limited and Bridge Securities (Private) Limited have converted into the category of Trading Only Securities Broker as per requirements of Regulation 5A of Securities Brokers (Licensing and Operations) Regulations, 2016.


A L S O || R E A D

PSX Switched Off Trading Terminal Of M/s JSK Securities Limited


In this regard, EClear Services Limited (“ECL”) 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: BUSINESSpakistan stock exchangePSX
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