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KARACHI: Structured Solutions (SS) has agreed to cooperate with the Karachi Stock Exchange (KSE) in marketing Pakistani indices outside the country.

Structured Solutions will market KSE indices abroad, especially in Western Europe, to find potential licensees who are willing to launch structured products, ETFs (exchange-traded funds) and other financial products, stated a KSE statement issued here on Tuesday. The cooperation is based on marketing of existing indices calculated by the KSE and Index Development, and marketing of new indices which will be tailor-made for investment banks to launch structured products and other financial instruments.

Structured Solutions AG is a leading consulting company in the structured product business in Germany and Western Europe. It provides structured products for institutional investors and has a joint venture with Boerse Stuttgart AG, one of the largest derivative trading platforms, concerning the index platform S-BOX