June 26, 2008	Thursday	Jamadi-us-Sani 21, 1429

KARACHI, June 25: Pakistan Telecommunication Company Limited (PTCL) will provide state-of-the-art telecommunication technology to members of the premier bourse to conduct real time on-line trading from anywhere in Pakistan.

A memorandum of understanding (MoU) was signed between PTCL and Karachi Stock Exchange (KSE) on Wednesday.

According to the MoU, PTCL will deploy all necessary equipment to establish a “point of presence” within KSE building for establishment of a high-speed dedicated network by the name “KSE Connect,” which is specially developed for the premier stock exchange.

Executive vice-president (commercial) PTCL, Dr Sadik Al-Jadir and managing director KSE, Adnan Afridi signed the MoU on behalf of their respective organisations.—APP