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If you continue to violate the pattern day trading rule, your firm may terminate your account. Bear in mind that your account only violates the day trading rule if you have less than $25,000 in ...
In the United States, a pattern day trader is a Financial Industry Regulatory Authority (FINRA) designation for a stock trader who executes four or more day trades in five business days in a margin account, provided the number of day trades are more than six percent of the customer's total trading activity for that same five-day period. [1] A ...
Such limitations or restrictions, according to the First Schedule, [1] should not exceed 100% of the goods value, as specified under Section 25-1B or Section 25-A. Such regulations are applicable from the day they are specified in the Gazette notification.
Since its establishment, the number of members at the KSE had been capped at 200, with each member possessing a trading card. [11] The value of these cards had experienced volatility, rising from slightly more than one million rupees before 1990 to approximately 40 million rupees in the mid-1990s, before settling at around 27.5 million rupees ...
The Lahore Stock Exchange (LSE) was established in October 1970, under the Securities and Exchange Ordinance, 1969 by the Government of Pakistan in response to the needs for the provincial capital of Punjab. [2] It initially had 83 companies listed and was headquartered at Bank Square in Lahore. The number of listed companies increased to 519 ...
In 2007, the World Bank team submitted its report to the Pakistani government and with it, a draft law was prepared by them. The Competition Commission of Pakistan (CCP) was established on 2 October 2007 under the Competition Ordinance, 2007, which was repromulgated in November 2009. The law was later promulgated as Competition Act, 2010.
Pakistan Mercantile Exchange was founded as National Commodity Exchange Limited in 2005. [2] [3] Pakistan Mercantile Exchange Limited started its operations in May 2007 as a fully electronic exchange with nationwide reach. Pakistan Mercantile Exchange (PMEX) has started offering MetaTrader 5 (MT5) trading platform to all its market participants ...
Pakistan qualified for the popular MSCI Emerging Markets Index in May 2017, an upgrade from Morgan Stanley Capital International's (MSCI) Frontier Market (FM) index. [ 18 ] On 25 May 2017, the KSE-100 index reached the all-time high of 53,124 points, later it tanked to 37,919 points in a matter of seven months.