The new market surveillance system will be installed in all three stock exchanges in the country to monitor fluctuations in the market, SECP sources told Geo News. The system will start functioning in eight to 10 weeks.
The system has been purchased in consultation with a local and foreign company, the officials said.
The new system would help to avert any forthcoming market crisis like the March 2005 stock market crash, they said. The system would also pinpoint the beneficiaries of the crisis, they added.