Karachi November 16, 2021: Pakistan Stock Exchange has informed that as per the Liquid Capital Statement (LC) as of October 31, 2021 filed by M/s. JSK Securities Limited (JSK) with PSX, the amount of its LC is below the minimum specified threshold.
Consequently, in compliance with the aforementioned Clause, the trading terminals of JSK have been switched-off with immediate effect until further notice.
A L S O || R E A D
As per regulations "In case of non-submission of statements of net capital balance and liquid capital within a time period as may be notified by the exchange, and clearing house or any shortfall in the net capital balance and/or liquid capital, either reported by the securities broker or identified by the securities exchange, clearing house or the Commission, the securities exchange, and clearing house shall immediately restrict the trading facility of such securities broker and shall only allow it to close out the open position in a controlled environment."
JSK shall only be allowed to close out its open positions in a controlled environment.
All market participants are advised to note the above.