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Pakistan Securities And Exchange Commission Enhance Limit of Sahulat Equity Account to PKR One Million

admin-augaf by admin-augaf
July 25, 2023
in Business, Finance
Reading Time: 1 min read
0
Pakistan Witness 10% Increase In Companies Registration

The Securities and Exchange Commission of Pakistan (SECP)

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Islamabad July 25 2023: Securities & Exchange Commission of Pakistan (SECP) has duly approved the enhancement in position limit for Sahulat Account from PKR 800,000 to PKR 1,000,000, effective immediately.

Please note that all other terms and conditions applicable on Sahulat Account/ Simplified KYC, as mentioned
earlier, shall remain the same.

PSX Introduces the Sahulat Account for retail investors who want to invest in stock market with utmost convenience & simplicity. An investor can start by just filling a simplified account opening form & submitting copy of CNIC.

Sahulat Account is an ideal opportunity for local investors. Whether you are a student, housewife, novice investor or someone wanting to make an entry and invest in the stock exchange, the Sahulat Account is for you.

Sahulat Account Holders can convert their account to normal trading account anytime they want.

Trading in leveraged products, i.e: Margin Trading System, Margin Financing, Stock Landing Borrowing, and Negotiated Deals Market is restricted, hence saving investor from unnecessary risk.

Tags: Sahulat
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