Abstract:
Karachi Stock Exchange owes its origin to the dynamic group of leading businessmen and professionals of Karachi/Lahore/Islamabad region who conceived the idea of the establishment of the third bourse in the country so as to provide new investment avenues to the people of the Pakistan. Over the years, the founders' vision for bringing of vital element of competition to the securities market place has enabled the Karachi Stock Exchange to become known for the highest standard of transparency in its operations and excellent risk management. Today, the Karachi Stock Exchange has also been recognized for its dynamic market technology, lowest overall costs of listing and an unparallel market discipline.This thesis has focused on the impact of new risk management system on small investors and other relevant aspects of Karachi Stock Exchange.