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Summary Practice session of new leverage products margin trading would be held tomorrow in the Karachi Stock Exchange, Dunya News reported on Friday.
SECP had decided to launch leverage product in the stock market this month and KSE has completed all the preparations for this purpose. Practice session of the margin trading system would be held tomorrow so that brokers and agents can have knowledge about the procedures of the new product. According to sources, term of 25 percent cash margin under new leverage product would be implemented. Initially, margin trading would be provided for the shares of 20 most active companies and later on, number of companies would be increased. It is worthy to note here that new product is being introduced in the Karachi stock market after a period of more than two years.
