SECP reviews stock market situation with SROs.

ISLAMABAD -- The Securities and Exchange Commission of Pakistan's (SECP) team lead by the Chairman SECP and Commissioner(SM) held a detailed meeting with the CEOs of Pakistan Stock Exchange, National Clearing Company and Central Depository Company (SelfRegulatory Organizations - SROs) this morning, to review and discuss the stock market situation, risk management and business continuity. The index based market halts were triggered for the third time during this week. This coolingoff period gave an opportunity to investors to align their trading strategy and collection of margins by the Clearing Company.

The participants of the meeting affirmed that risk management system was functioning efficiently and margins were being collected timely. The Market operations were running smoothly as a whole. The SROs further apprised that their business continuity plans...