SECP calls meeting with PSX to discuss broker default position

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KARACHI: SECP has called a meeting with PSX to discuss broker default position.

Secretary SECP will chair the meeting along with all the commissioners from Islamabad on a video link.

According to sources, due to excess leveraging some broker’s debits and in house financing position are anemic. SECP will discuss the same with Pakistan Stock Exchange.

The meeting is scheduled at 5:00 PM