KARACHI: Pakistan Stock Exchange (PSX) is all set to acquire Trading and Surveillance System from the Shenzhen Stock Exchange (SZSE).

“The object is to bring PSX at par with other international stock exchanges”, PSX Chairman Sulaiman Mehdi told a press briefing on Friday.

The signing ceremony took place in Shenzhen, China, earlier this week. PSX delegation was headed by Mehdi while the Chinese side was represented by SZSE CEO Wang Jianjun.

He said the Trading and Surveillance System offered by SZSE was state-of-the-art robust system. The system’s benefits included built-in risk management, market access, market data dissemination, market control, real-time trading system, disaster recovery and system operation, monitoring and management, growth enterprise market — so far known as small and medium enterprise trading, bonds/term finance certificate trading, single stock option trading, index option trading and Real time fault-tolerant system.

Published in Dawn, November 30th, 2019