Lahore stock exchange envisages a new era of capital market growth focusing on investors-launches new website

LAHORE: WWW.LSE.COM.PK is the new website of Lahore Stock Exchange launched with an ambition of providing a single platform for all capital market related information. The website seeks to cater the requirement of all the stakeholders i.e. investors, companies, members and regulators when it comes to getting reliable, first-hand & accurate information.

The website was launched by Mr. Aftab Ahmed Khan, Chairman of the Lahore Stock Exchange in presence of the members of the Board and the management of LSE. Speaking on the occasion Mr. Aftab Khan congratulated & appreciated the efforts of the Exchange in coming up with an idea based on capital market knowledge dissemination. In particular, he mentioned investors’ protection features incorporated in the new website such as online complaint lodging and online trade confirmations saying that these features will indeed go a long way in establishing rights of the investors which over the few years have become a major concern for the investing public.

An elated Managing Director of the Exchange, Mr. Aftab Ch., who envisaged this project at the occasion of launching said: LSE has been specifically focusing on converting itself into a service organization proactively engaged in safeguarding & promoting the interest of its stakeholders. While the new website will be a platform beneficial to all the stakeholders, undoubtedly the investing public will be the prime beneficiary of it. The investors who are the foremost stakeholders of our system have largely been neglected in the past and this over the years has shattered their confidence in the capital market. We intend to provide a transparent environment in which the investors feel protected about their rights in order to restore their confidence. We hope the features & information made available and future additions on this new website will help greatly in our pursuit of this goal.

The new website of the Exchange has the potential of becoming the prime source of information and the main point of contact for all the stakeholders. For the investors, the website provides an interface to directly get a confirmation of the rate & volume of their executed order from the Exchange. The investors can directly lodge complaints against any market abuse which will be promptly received & efficiently followed up by the concerned department; later the investors can also e-track the progress of their complaints. The members of the Exchange have also been provided with the necessary online resources to help them efficiently run their brokerage operations.

Moreover, the members can now directly ask the Board about any LSE related issues through Ask the Board feature. In addition to this, the regular features of Exchange related info such as market highlights, company’s stock performances, Exchange notices, description of LSE’s product & services, information about listed companies, regulations, rules & procedures have been presented in a captivating, interactive and user friendly layout.

Mr. Siddiq-ur-Rehman Khurram, the Project Manager said that the new website offers a fresh new look that technically provides its visitors with significant improvements in interface, contents and navigation. The site uses modern web technologies which make the site faster in response and search-engine friendly.

In a message from the MD to all the stakeholders, Mr. Aftab Ch. said: “I request you all to visit our website www.lse.com.pk to see the efforts we here at LSE have been putting in restoring the interest of public in the capital market.

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