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Daily Times
May 26, 2021
National Bank of Pakistan (NBP) and Pakistan Stock Exchange (PSX) signed an agreement to onboard NBP as a ‘Market Maker’ for government securities listed on PSX.
During a ceremony held at PSX trading hall, the PSX welcomed NBP senior management team and started proceedings by striking the Gong to mark the beginning of the trading day on the Exchange. Present at the ceremony were Mr. Arif Usmani, President NBP, Mr. Farrukh H. Khan, MD & CEO PSX, Mr. Muhammad Ismail Usuf, Group Chief NBP Treasury & Capital Markets, and Senior Management of both the organizations.
Welcoming National Bank as Market Maker on PSX, Farrukh Khan, the MD PSX, said, “We welcome National Bank of Pakistan as Market Maker for debt securities on PSX. The development and growth of debt capital market is an important strategic objective of Pakistan Stock Exchange. It is also a key aspect of the Capital Market Development Plan as a large and liquid debt capital market is critical fo