Karachi October 21 2021: The quarterly review exercise of Futures Eligible Securities was carried out by the Exchange in accordance with the Clause B of Futures Eligibility Criteria for selection of securities eligible for trading in Deliverable Futures Contract (DFC).
Based on the review using six monthly data ending September 2021, the incoming securities are Agritech Limited, AGP Limited, Frieslandcampina Engro Pakistan Limited, Flying Cement Company Limited, Ghani Glass Limited, Image Pakistan, Javedan Corporation Limited, Kohinoor Spinning Mills Limited, Loads Limited, Nimir Resins Limited, Pakistan International Airline Limited, Quice Food Industries Limited, TPL Properties Limited and Yousaf Weaving Mills Limited.
While the outgoing securities are Adamjee Insurance Company Limited, Askari Bank Limited , Bank Al-Habib Limited, Cherat Cement Company Limited, Deacon Oxychem Limited, Engro Corporation, Fauji Fertilizer Company Limited, Habib Metropolitan Bank Limited, Interloop Limited, Lalpir Power, Lucky Cement, Pak Suzuki Company Limited, Sazgar Engineering Works Limited, The Searle Company Limited, Shabbir Tiles and Ceramics Limited and UBL Pakistan Enterprises ETF.
The final list of securities eligible for trading in deliverable futures contract are provided below. 90 day DFC contracts (DFC-JAN) on final list of eligible securities (Annexure B) including incoming securities will open from November 01, 2021. No new 90 day DFC contract will open onwards on outgoing securities until next review. However, the existing contracts (DFC-NOV and DFC-DEC) on all outgoing securities will remain available for trading till their respective expiries.
The Exchange is in process of reviewing the Futures Eligibility Criteria in consultation with the market participants and with the approval of SECP, in order to introduce further refinement. The consultation process will be initiated in early November 2021.