Commodities: Steps to promote market highlighted
The delegation was briefed on the measures that were in the pipeline to promote the commodities futures market
ISLAMABAD:
A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) visited the Securities and Exchange Commission of Pakistan (SECP) and appreciated its reforms and initiatives. During the meeting, the delegation was briefed on functions and responsibilities of the SECP and its role in creating a fair and efficient corporate sector, capital market and non-bank financial sector. Also, key policy aspects for development of the non-bank financial sector and capital market were highlighted. The delegation was briefed on the measures that were in the pipeline to promote the commodities futures market, including enhancement of product portfolio of the Pakistan Mercantile Exchange (PMEX), focus on agro-based commodities and efforts to expand the PMEX outreach in Punjab.
Published in The Express Tribune, May 7th, 2016.
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