Islamabad Stock Exchange seeks alliances
09 January 2008 | 2391 views | 0
Source: Islamabad Stock Exchange
Islamabad Stock Exchange (ISE) is the youngest of the three registered stock exchanges in Pakistan and is situated in the capital city of the county, Islamabad.
The ISE has the license to operate a nationwide marketplace for all types of securities (including stock, bonds, and investment contracts-forward and futures contracts etc.) as defined under the relevant securities laws in Pakistan.
In order to bring the benefits of globalizations of the exchange industry to our local investors, and open our exchange for cross border tie ups, ISE plans to enter into a strategic alliance/partnership with any renowned international stock exchange/operator. This alliance/partnership is aimed at provision of technology, product knowledge, operational expertise and assistance to roll out and market the sophisticated cash & derivative products in the local market in Pakistan by the selected strategic partner. This partnership may subsequently be considered for conversion into equity association and transfer of operational control in the context of forthcoming demutualization and corporatization of local exchanges in Pakistan.