Lahore, November 20, 2012 (PPI-OT): Lahore Stock Exchange held its eighth session of SECP Investor Education Program for the students of Institute of Cost and Management Accountants of Pakistan (ICMAP), Faisalabad. The seminar was attended by a huge number of ACCA students. Officials from Securities and Exchange Commission of Pakistan (SECP) and Lahore Stock Exchange (LSE) also participated in the session.
Joint Registrar of Companies from SECP-Faisalabad, Mr. Mahboob Ahmed along with LSE officials participated in the session. Mr. Nadeem Asghar Head of Investor Relations from LSE elaborated the pros and cons of investing in different financial products. He briefed the complex and board features of derivatives product (Futures, Options, Stock Index Futures) available in Capital markets.
He also explained the features and characteristics of different financial markets, regulatory framework, investment products, financial services and roles and responsibilities of various financial institutions in the country. While addressing with the students, Ms. Madiha Abrahim from LSE elaborated the fact that how diversification across various investment instruments safeguards the investors interest.
She also defined the features of insurance, mutual funds, commodities, debt, equity markets and briefed the participants the latest steps taken by their respective organizations for the benefits of investors.
It was also addressed to the participants that in what circumstances and how an investor can lodge complaint with the Exchange / PMEX in case he/she is not satisfied with the services of the broker. Later Joint Registrar of Companies Mr. Mahboob Ahmad briefed the listing procedures of the companies.
At the end of the session, a detailed questions answer session was conducted. Students and faculty members asked several questions from Mr. Nadeem Asghar and Ms. Madiha Abrahim, which were then answered in detail.
The Securities and Exchange Commission of Pakistan (SECP) and Institute of Capital Market (ICM) along with financial market stakeholders (KSE, LSE, ISE, NCCPL, CDC, MUFAP, PMEX, IAP) have developed a countrywide `Investor Education and Awareness Program’ launched from July 13, 2012. As part of this program, it was the eighth session conducted by the Lahore Stock Exchange for the general investors.
The basic purpose of the program is the promotion of investors understanding of risk and reduced vulnerability to fraudulent schemes. Expanding outreach of financial products and services and encouraging short term as well as long term saving culture is also an important component of the program. However, the basic objective of the program is to build investor confidence in the non-banking financial markets which includes stock exchanges, commodity market, insurance, mutual funds etc. The investor education is widely recognized as being crucial for sustainable growth of the financial markets, ensuring investor protection and bolstering confidence in the markets
For more information, contact:
Lahore Stock Exchange (LSE)
P.O. Box: 1315,
Tel: +9242 636 8000
FAX: +9242 636 484 -85
E-mail Address: info@LahoreStock.com
Web Site: http://www.lse.com.pk