October 04, 2006	Wednesday	Ramazan 10, 1427

KARACHI, Oct 3: The Karachi Stock Exchange (KSE) on Tuesday asked members (stock brokers) to provide details of all outstanding in-house badla positions in their books as on October 3, 2006.

A notice issued by the KSE to the members stated that in continuation of its various notices on the subject and as directed by the Securities & Exchange Commission of Pakistan (SECP), members were being requested to provide the bourse, all outstanding in-house badla positions in their books as on Oct 3, 2006.

The stock exchange directed that information should be provided in the following manner for each (in-house badla financing) trade: (1) name of the scrip (2) date of commencement of badla (3) name of the financee; (4) name of the financier (5) amount of badla in rupees and (8) rate of interest charged.

The exchange asked members to provide the information by October 16, latest.