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Bond markets get electronics trading system next year

Posted by News Admin on Dec 18th, 2009 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

KARACHI: Governor State Bank Salim Raza said electronics trading for bonds markets would start working from next year.

Addressing the inaugural function of round table organized by South Asian Federation of Stock Exchanges and Karachi Stock Exchange, governor State Bank said the volume of our bond market is less than regional markets and its expansion is needed. He said Pakistani economy is traveling in a right direction and Pakistan will soon overcome economic challenges.

Salim Raza said although Pakistan is an agricultural state, development of agriculture sector is only 5 percent of GDP. He said agri business and size of national commodity exchange should be increase.

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