Tag Archives: New chapter in stock market as 90-day DFCs open tomorrow

s KARACHI: The maiden Deliverable Futures Contracts (DFCs) of 90-day maturity will be opened on the Pakistan Stock Exchange (PSX) on July 26 — a move aimed at curbing the market volatility witnessed in the last week of every month when traders roll over their contracts to the next month to avoid settlement. DFCs are forward contracts to buy or …

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