LSE management trying to train brokers

29 Jul, 2007

Lahore Stock Exchange (LSE) General Manager Mian Aslam Shakeel has said his management is trying hard to train brokers and educate general investors about the capital market. "LSE has always introduced new concepts, which have not only resulted in increasing the trade turnover but also benefited investors."
He said in his speech in a function held here at a hotel. "LSE has established trading floors in Faisalabad and Sialkot while Multan and Peshawar will also have this facility soon," he said. "Presently, there are 850 terminals outside the LSE premises, which are generating 5-7 percent of the total volume of the exchange."
He also said LSE with its Islamabad counterpart had made a pioneering effort to launch a "unified trading system" significantly enhancing the volume of both the exchanges. He said LSE had also the honour of setting the first training institute training members, brokers, agents and general investors.
About the dumutulisaton of the stock exchanges, he said the process would complete by the year end and further improve the corporate governance in the capital market.

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