SECP sets February 9 date for PSX move to T+1 settlement in Karachi

Pakistan's securities regulator set February 9, 2026, as the launch date for faster trade settlements at the stock exchange. The Securities and Exchange Commission of Pakistan Chairman made this announcement during a Karachi event attended by market operators, brokers, and financial institutions. Markets will shift from the current two-day settlement period to a single day for completing transactions.

This change reduces financial risks while boosting market efficiency and protecting investors through quicker trade processing. Pakistan joins major economies like the United States, China, Canada, Mexico, and Argentina that have adopted similar systems. The National Clearing Company of Pakistan Limited coordinates the transition with an implementation committee representing various market participants.

Financial firms must prepare their systems and review operational capabilities before the deadline. The clearing company developed detailed procedures and guidelines to ensure smooth implementation. This modernization effort strengthens Pakistan's capital markets and aligns domestic practices with international standards while improving overall market performance.
 

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