Currency Market Associates (Pvt.) Ltd

Currency Market Associates (Pvt.) Ltd. “CMKA” is a leading Interbank Brokerage House and Treasury Consulting Services in Karachi. CMKA was established in 1994 and since inception, Asad Rizwi is the CEO. CMKA has strong business relationship with the Central Bank, Commercial Banks, Investment Banks and Assets Management Companies. The key factor to our success is CMKA’s ability to understand the evolving needs of our long established network of clients with strong capabilities in understanding Monetary and Fiscal policy making issues (Global and Domestic). In the financial market, we cover Domestic Market in Foreign Exchange that includes Rupee/Dollar value Today, Spot, Forward and Swaps ranging from overnight to one year period. In Fixed Income, we cover from overnight Repo/Reverse Repo to 10 years Pakistan Investment Bonds, Treasury Bills and Sukuk bonds of various tenors.



CMKA is an associate member of Financial Market Association of Pakistan “FMAP” (Affiliated with ACI Paris) and is subject to compliance of FMAP code of conduct and market practices. CMKA has developed an in-house culture to ensure that all their dealers working on the desk fully comply with FMAP rules and the guidelines of the State Bank of Pakistan.