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[Pakistan] Internet trading generates 40% of Lahore Stock Exchange's volume



Internet trading generates 40% of Lahore Stock Exchange's volume
Daily Times, Staff Report
6/5/2003
http://www.dailytimes.com.pk/default.asp?page=story_5-6-2003_pg5_18
  

LAHORE: Lahore Stock Exchange has recently taken significant measures 
to facilitate trading through Internet. Latest figures show that the 
volume generated from Internet terminals have grown to 40 percent of 
total LSE volume.  

According to a press release issued on Wednesday, 25 percent of total 
number of LSE trading terminals are being operated through the 
Internet. Available bandwidth has been increased by 6 times; internet 
trading terminal cost has been reduced; multiple ISP arrangements to 
increase availability; enhanced trading software security; facility 
for the members to view their clearing data through the Internet; 
provision of View Only Terminals (VOT) through LSE website 
www.lahorestock.com; over 180 VOTs active throughout Pakistan; 
hardware enhancement including installation of latest high-speed 
servers; backup dialup lines for contingency in case of loss of 
Internet connectivity; addition of “Discussion Groups” to LSE’s 
website where users can discuss their problems and solutions on 
various issues.  

LSE was the first exchange in Pakistan to move Electronic Trading in 
1996 and the first to offer Internet Trading in 2001. It has had the 
honour of Chairing the IT Committee of Federation of Euro-Asian Stock 
Exchanges and South Asian Federation of Exchanges.  



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