KSE to reduce subject deposit amount for Market Makers

To encourage the members to become Market Makers in the Derivative Segment, particularly the Cash-Settled Single Stock and Stock Index Futures Markets, the Karachi Stock Exchange has decided to significantly reduce the subject deposit amount for Market Makers.
"In view of above and in line with the provisions of the Regulations Governing Market Makers clause 3(i), it has been decided to reduce the Market Makers' Refundable Minimum Security Deposit from Rs 250,000 to Rs 25,000", a KSE notice issued here on Wednesday said.