PSX agreed to on boarding of HBL as ‘Market Maker’
APP
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Media Source: APP (Pakistan)
Date: 25 April 2021
In Islamabad, Pakistan Stock Exchange (PSX) and Habib Bank Limited (HBL) have signed an agreement at the PSX trading hall where by HBL becomes "Market Maker" for debt instruments listed on PSX. The CEO of PSX said this was a very important step in developing collaboration between the banking sector and capital markets, and d
In Islamabad, Pakistan Stock Exchange (PSX) and Habib Bank Limited (HBL) have signed an agreement at the PSX trading hall where by HBL becomes "Market Maker" for debt instruments listed on PSX. The CEO of PSX said this was a very important step in developing collaboration between the banking sector and capital markets, and development of debt markets was a strategic objective of PSX and critical for the economic growth of Pakistan. This is a very positive development for HBL to come on board as designated Market Maker for debt securities listed on PSX. President and CEO of HBL, Muhammad Aurangzeb, added: "The signing ceremony marks the commencement of a market-making relationship between HBL and PSX."