11.   Traders expect three or four banks to issue more call warrants in the next few months.

12.   As for supervision of the market, the SC conducted a full scope examination of one stockbroker and a limited scope examination of another for call warrants.

13.   On market supervision, the Commission said it conducted a full scope examination on one stockbroker and a limited scope examination of another for call warrants.

14.   There were no submissions for call warrants during the year.

15.   Munir said the commission was also studying applications by at least three merchant banks to issue call warrants, a new financial instrument.