Karachi August 16 2022: Pakistan Stock Exchange informed that two securities brokers have reported their monthly Net Worth as of July 31, 2022 below the minimum specified threshold.
These houses include ASDA Securities (Private) Limited and Ocean Securities Limited.
Consequently, in compliance with clause 6(2) of Securities Brokers (Licensing anel Operations) Regulations, 2016, PSX has restricted the trading facility of the aforementioned securities brokers with immediate effect until further notice.
Source:
Pakistan Stock Exchange