Karachi Stock Exchange (KSE) on Wednesday announced that the implementation of the minimum broker commission for institutional clients has been deferred until further notice. The KSE in its notice to all members said that the decision has been taken to allow for more widespread and comprehensive consultation, on the same.
"Based on our discussion with "Buy-side" market-participants, including Mutual Fund Association of Pakistan (Mufap) officials, with concurrence of Governing Board of Directors of the Exchange and Securities and Exchange Commission of Pakistan (SECP), he implementation of the subject matter has been deferred until further notice," KSE said.
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