PSX digitizes listing process.

KARACHI -- In a revolutionary move forward, Pakistan Stock Exchange (PSX) has digitized the process of listing through an online portal called PRIDE, i.e. Public Offerings Revolutionized through an integrated and digitized experience. The online portal is designed to automate the listing process from end to end. Through PRIDE, Lead Managers, Advisors or Consultants can submit online applications and documentation for listing of equity, debt, mutual funds and Exchange Traded Funds (ETFs). Moreover, PRIDE can be utilized by companies or consultants to submit documents against Reverse Merger or Voluntary Delisting as well. The soft launch of PRIDE was conducted in December 2021, subsequent to which Listing and IT Units of PSX worked on addressing areas of improvement based on feedback received from Consultants, Advisors and Lead...