Pakistan Stock Exchange (PSX), in collaboration with the Central Depository Company of Pakistan Limited (CDC), Securities & Exchange Commission of Pakistan (SECP), and State Bank of Pakistan (SBP), has taken steps to enhance investor experience in Initial Public Offerings (IPOs).
1Link, with the support of the SBP, has instructed member banks to remove transactional limits for e-IPO transactions. This move will allow investors to invest in IPOs through e-IPO platforms without facing any restrictions.
The e-IPO system provides a digitized end-to-end experience for investors participating in IPOs. By removing transactional capping, PSX aims to make it easier for investors to invest in IPOs and participate in the capital markets.
The CEO of PSX emphasized the exchange’s commitment to facilitating investors and market participants. He highlighted that this initiative aligns with PSX’s ethos of providing a seamless and efficient experience for all stakeholders.