SECP Geared Towards Creating An Investment Friendly Ecosystem For ETFs
Faizan Hashmi Published February 09, 2022 | 10:26 PM
The Security and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan has said that the SECP is geared towards creating an investment friendly ecosystem, through use of technology for enhancing the market depth, liquidity and outreach, with particular emphasis on increasing the number of investors in our capital markets
ISLAMABAD, (UrduPoint / Pakistan Point News - 9th Feb, 2022 ) :The Security and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan has said that the SECP is geared towards creating an investment friendly ecosystem, through use of technology for enhancing the market depth, liquidity and outreach, with particular emphasis on increasing the number of investors in our capital markets.
He was addressing a webinar on "ETFs- an Attractive Avenue of Investment", organized by SECP for TREC holders/ brokerage and institutional investors to create awareness and education on Exchange Traded Funds (ETFs), said a press release issued here on Wednesday.
The SECP's head of Specialized Companies Division, Khalida Habib gave a comprehensive presentation on ETFs mechanism, including details of products, benefits to investors and answer the participants queries.
The webinar penal discussion included panelists Managing Director, pakistan stock exchange (psx) Farrukh Khan, Naseem Beag, Vice Chairman/Director- MCb-Arif Habib Savings and Investments Ltd, Iffat Mankani, CEO JS Investments Limited, and Nabeel Malik, CEO Alfalah GHP Investment Management Limited.
The panelists emphasized the need to invest in ETF by institutional investor which is growing rapidly internationally.
They further said that brokers shall come forward and encash this new source of income as market maker. ETF is an opportunity which reduces investor's cost substantially, reduces related risks.
At the conclusion of the well-attended webinar, SECP officials addressed various queries to the satisfaction of participants.
Participants appreciated SECP's efforts of public engagement and called for continuing such initiatives of public and stakeholder awareness.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
More Stories From Business
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
11 minutes ago -
Today Gold Rate in Pakistan 26 April 2024
31 minutes ago -
Chinese minister felicitates Ahsan Iqbal on reappointment as Planning minister
10 hours ago -
Pak-US officials engage to enhance trade, investment ties
11 hours ago -
Stocks fall as tech shares sink, US economy slows
11 hours ago -
Higher taxes, awareness help decrease cigarettes sale in Pakistan
12 hours ago
-
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
12 hours ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
12 hours ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
12 hours ago -
Zhao Shirin calls on Punjab Industries Minister
13 hours ago -
CEO APM Terminals calls on Finance Minister
13 hours ago -
SACM visits GTVC checks attendance register
13 hours ago