Aamir Khan, Chairman of Pakistan’s Securities and Exchange Commission (SECP), has stated that the commission is working to create an investment-friendly ecosystem by utilising technology to improve market depth, liquidity, and outreach, with a focus on increasing the number of investors in capital markets.
Khan was speaking at an SECP webinar titled “ETFs – an Attractive Avenue of Investment,” which was designed to raise awareness and educate about Exchange Traded Funds among Trading Right Entitlement Certificate (TREC) holders/brokers and institutional investors (ETFs).
Khalida Habib, SECP’s head of Specialized Companies Division, presented a detailed presentation on ETFs, covering product specifics and investor benefits, as well as answering questions from the audience.
The webinar featured a panel discussion with Farrukh Khan, Managing Director of the Pakistan Stock Exchange (PSX), Naseem Beag, Vice Chairman/Director of MCB-Arif Habib Savings and Investments Limited, Iffat Mankani, and Nabeel Malik, CEO of Alfalah GHP Investment Management Limited.
The speakers stressed the importance of institutional investors investing in ETFs, which are quickly rising globally. They went on to say that brokers should come out and take advantage of this new source of revenue by becoming market makers. ETFs are a great way for investors to save money while also lowering their risk.
At the conclusion of the well-attended webinar, SECP officials answered all of the participants’ questions to their satisfaction. The attendees praised SECP’s efforts to involve the public.