FAQs about Organization

Q: When was ISE established?
Q:
What is the difference between the members and the administration of ISE?
Q:
Which organization of the government regulates the stock exchanges?
Q:
How many companies are listed with the exchange?
Q:
When will Islamabad stock exchange will start Internet trading for the general public?
Q:
Is Islamabad stock Exchange a government institution?
Q:
What is the management structure?
Q:
What is the history of the exchange?
Q:
What is the oldest listed company?
Q:
What is the ISE holiday schedule?
Q:
What are the trade timings for regular and COT market?
Q:
At what rate the first membership was sold?


 

Q: When was ISE established?                                                                                                                          Back to top
A: Islamabad stock exchange (ISE) was incorporated as a guarantee limited company on 25th October, 1989 and it started its operations in 1992.


Q: What is the difference between the members and the administration of ISE?
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A: Management runs day to day affairs. It ministers the exchange .It monitors the trade activities and members and frames the rules and regulations for trading and other aspects of the trade while members are the entities authorized to trade on their own behalf as well as the constituent .Members operate under the regulatory frame work provided by the management.


Q: Which organization of the government regulates the stock exchanges?                                             
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A: The Securities and Exchange Commission of Pakistan regulates the working of stock market.


Q: How many companies are listed with the exchange?                                                                               
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A: 267 companies are listed with the exchange.


Q: When will Islamabad stock exchange will start Internet trading for the general public?
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A: Beginning of next year.


Q: Is Islamabad stock Exchange a government institution? 
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A: No Islamabad stock exchange is not a government institution but this is a public company limited by guarantee.


Q: What is the management structure?                                                                                                             
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A: Organizational chart.


Q: What is the history of the exchange?                                                                                                            
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A: Islamabad stock exchange (ISE) was incorporated as a guarantee limited company on 25th October, 1989 in Islamabad capital territory with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world. The exchange started its operations in 1992.
Initially an outcry method of trading in shares was adopted which was replaced with the automated trading system in 1997. The automated system (ISE-ETS) which was indigenously developed was also upgraded last year and now expert trading system (ISE-ETS) is in operation. Since the inception of automated trading system the trade volume is multiplying day by day and the average daily turnover has now crossed the figure of 7.5 million shares. Now all the listed securities are traded through the ISE-ETS. The system of physical handling of shares and securities is being phased out and almost all of the scrips are settled through central depository company of Pakistan limited.


Q: What is the oldest listed company?
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A: Pioneer cement limited and D.G.Khan cement limited.


Q: What is the ISE holiday schedule?
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A: The market remains closed on Saturday , Sunday and public holidays.


Q: What are the trade timings for regular and COT market?                                                                         
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A: Timings for the regular market are from 9-43 am to 2-45 pm.
     Cot release session from 2-45 pm to 3-05 pm.
     Cot session from 3-15 pm to 4-15 pm.


Q: At what rate the first membership was sold?
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A: The first member ship was sold for Rs 20,0000.


 

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