JS Global is again setting the standards in the Capital Markets by initiating professional market making software solutions with Pakistan Stock Exchange
JS Global’s famed leadership role in the capital markets of Pakistan over the last 4 decades is set to establish another major milestone with the introduction of professional Market Making solutions in the Pakistan Stock Exchange. We have been closely working with PSX and one of the leading Asset Management Company in Pakistan to set up the first ETF (Exchange Traded Fund) in the capital markets of Pakistan. JS Global will hopefully be the first TREC Holder to be officially appointed as Designated Market Maker for this ETF. Using complex algorithmic logic, JS Global has developed a Market Making (MM) module which is currently in testing with Pakistan Stock Exchange. Once all required change in regulations have been notified by SECP and the MM module has been vetted through UAT by PSX, JS Global is set to usher in the new era of automated trading in Pakistan.