Karachi: Karachi Stock Exchange informed about that the SECP advised the exchange to implement client level cash management system. The automated cash management system of the exchange has been modified to cater for compliance of clause no. 4.19.1 (a) of KSE rule book. The CMS functionality is available for deposit and release of margins to and from propriety UIN brokerage house.
Further, the functionality in CMS shall be implemented with effect on January 11, 2016.