Trading in Security TFCs

KARACHI, Feb 8: The KSE on Friday approved the application for listing and quotation of Term Finance Certificates of Security Leasing Corporation Limited on completion of all formalities required under the Listing Regulations.

According to the KSE, trading in the TFCs will start on the Exchange from February 11, 2002 and delivery of TFCs would take place between the members directly as per rules and regulations governing the “SPOT” transactions.—APP

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