KARACHI: Pakistan Inventory Trade (PSX) on Wednesday signed an unique information licensing settlement (DLA) with a German firm, Deutsche Börse AG (DBAG), for enhancing depth and protection of market information product choices globally.
DBAG can be the unique licensor of PSX Market Information to all present & potential worldwide PSX information shoppers for an preliminary time period spanning 5 years.
“Our broader imaginative and prescient is to extend market participation by supporting simple and equitable entry to high-quality info. With the rising sophistication of our market, partnerships with international trade networks and information distributors lengthen our worldwide presence,” mentioned Farrukh H. Khan, MD & CEO at PSX.
Beginning January 1, 2022, Deutsche Börse would be the sole licensor of PSX inventory market information for worldwide clients. PSX goals to extend its international footprint, broaden its market information consumer base, and appeal to international traders to take part in PSX’s markets whereas leveraging from Deutsche Börse’s worldwide attain.