'The myth that property prices never fall has been busted by recent events in Pakistan as well as across the globe' said vice-president MCB, Product Development and Asset Liability Management, Junaid Khalid. He was speaking at a one-day seminar organised by ACM Gold in collaboration with IoBM- Finance Society, on Thursday October 20, 2011.
The seminar themed 'Commodity Trading' was designed to create awareness among students regarding available options for trading commodities in the country; along with guidance regarding potential investments opportunities. Junaid Khalid spoke at length regarding the role of an exchange in facilitating price discovery and in creating a platform for the efficient interaction of buyers and sellers. He also provided valuable insights regarding the importance of a robust clearing system and risk mitigation measures.
VP MCB emphasised the negative correlation between equity prices and gold prices. He prompted those points with wise solutions and boosted student's confidence to look forward for their vivid future. Hassan Mahmood shared PMEX success stories and explained the mechanism of commodity trading. Commodity trading has a better risk management system resulting in day to day transaction settling".
However, Sidney James spokesperson, ACM Gold, talked about the international presence of their company. He also enlightened the software's bolster trading commodities and its benefits in the emerging market and gave his expertise to students that their age is the perfect time to invest their skills to this specific sector.-PR
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