The Pakistan Stock Exchange (PSX) will reparing to operationalise a newly acquired trading platform by mid June this year. The system will also save time by concluding a trading session in less than a minute as compared to 30 minutes that the current and outdated Karachi Automated Trading System (KATS) requires. This would in turn increase trading hours which would lead to an increase in trade volumes in daily sessions. Furthermore, local media reports claim that PSX was mulling over introducing new products to increase trade activities at the local bourse. The new trading system will bring the PSX on a par with international stock exchanges.
Source: Pakistan Today May 11, 2021 10:30 UTC