The management of Karachi Stock Exchange (KSE) has announced that the new version of KATS TWS is ready to be deployed in member houses. The management has requested the members to keep their offices open till 10:00pm for IT staff to complete the necessary deployment. The instructions to update remote locations will be emailed on the email addresses provided by the members.
The new version is capable to place FOK (Fill or Kill) orders in the future markets and also capable of four decimal places in Negotiated Deal Market (NDM). In order to test the functionality, the IT Division of the exchange has arranged a mock session on Saturday. The management of the exchange has asked the members to make sure the participation of their relevant staff in the mock session. The members were also informed that since NDM is available on KATS from November 1, 2010 therefore, the facility provided on NCHS for entry of Off Market transactions shall be discontinued from December 13, 2010.
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