KARACHI, July 29: After the successful implementation of CFS MK-II with all eligible securities from Karachi location on July 14, the National Clearing Company of Pakistan Limited (NCCPL) implemented the centralised CFS MK-II on Monday from Lahore and Islamabad locations.

According to a press release issued by the NCCPL here on Tuesday, CFS MK-II ensures that CFS financing is available to all participants in a fair and equitable manner.

It said total CFS MK-II financiers in Karachi Stock Exchange till date are 90, including 38 institutional authorised financiers and 52 broker financiers, whereas total financees are 133. In Lahore Stock Exchange, total CFS MK-II authorised financiers are 37 and financees are 64, whereas in Islamabad Stock Exchange, the number of total authorised financiers is 4 and financees is 30.