PSX, DBAG sign exclusive data licensing agreement

0
270

global footprint
KARACHI: PSX has signed an exclusive data licensing agreement with the leading exchange operator Deutsche Börse for enhancing the depth and coverage of its market data product offerings globally. Starting January 1, 2022, Deutsche Börse will be the sole licensor of PSX stock market data for international customers. This data cooperation agreement is a significant step ahead for PSX which will allow Pakistan Stock Exchange to extend its market data globally. With this agreement, Pakistan Stock Exchange will increase its global footprint, with the aim of leveraging Deutsche Börse’s international reach to significantly expand its market data client base and attract foreign investors to participate in PSX’s markets. Mr. Farrukh H. Khan, MD & CEO at Pakistan Stock Exchange said, “Our broader vision is to increase market participation by supporting easy and equitable access to high-quality information. With the growing sophistication of our market, partnerships with global exchange networks and data vendors extend our international presence.” DNA