KARACHI, July 16: After the successful implementation of CFS MK-II initially with 12 CFS MK-II eligible securities, the National Clearing Company of Pakistan Limited (NCCPL) has implemented entire CFS MK-II with all CFS MK-II eligible securities from Karachi location.

According to a press release issued by the NCCPL here on Wednesday, from July 14 fresh CFS financing are only available in CFS MK-II Market. The NCCPL will manage Risk Management Regime of CFS MK-II as per NCCPL regulations.

Total CFS MK-II financiers till date are 88, including 37 institutional authorised financiers and 51 broker financiers, whereas total financiers are 132. CFS MK-II eligible securities are categorised as ‘A’ and ‘B’. Total securities in category ‘A’ are 42 and in category ‘B’ are 11, the press release said.