ISLAMABAD, Oct 16: Islamabad Stock Exchange on Tuesday introduced a new trading software following its demutualisation allowing foreign investors to take part in trading from the global bourses.

The mock trading on the “Islamabad Electronic Exchange System” (IEES) began on Tuesday for 15 days after which it would become operational making ISE the country’s first bourse to introduce a modern electronic trading platform.

The brokers, who under the demutualised set up are called trading rights entitlement certificate (TREC) holders, were informed about the features of the new trading system.

“It will be a milestone in the history of ISE providing multiple options to the investors,” said ISE Managing Director Mian Ayyaz Afzal.

He informed that the system would provide online, mobile and SMS trading facilities for the clients of the TREC holders.

“The new trading system with multiple and advanced features will enable the ISE to reap the benefits of information technology,” Afzal added.

The TREC holders with the help of this system can develop business relations with brokers at international stock markets which would support a two-way trade.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.