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The Continuous Funding System (CFS) committee has proposed to ban the existing CFS Mk-II and Deliverable Futures in the country’s stock exchanges with immediate effect. The committee has proposed to introduce Cash Settlement Futures (CSF) and other investor-friendly products of international standards.The CFS committee in its meeting held here on Monday decided that the final proposal in this regard would be sent to the Securities and Exchange Commission of Pakistan (SECP) during this week for approval...Aaj News