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The Securities and Exchange Commission of Pakistan (SECP) has announced the revised schedule for imposition of additional value at risk (VaR) based cash margins in the Deliverable Futures Market (DFM). According to the revised schedule, 25 percent additional VaR based cash margins will be applied from December 2008 futures contracts.
The SECP further announced that 50 percent additional VaR based cash margins will be applied from January 2009 futures contracts.

Copyright Business Recorder, 2008

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