Pakistan’s securities market has successfully executed a landmark shift to a Trade Date plus One (T+1) settlement cycle, a move that substantially reduces counterparty risk and enhances operational efficiency for investors and traders nationwide.
According to the National Clearing Company of Pakistan’s information today, the new system, which became effective on February 9, 2026, represents a significant milestone in the modernisation of the country’s post-trade infrastructure by shortening the time frame for the completion of securities transactions.
This acceleration in the settlement process is anticipated to improve market liquidity and boost capital efficiency, aligning the nation’s financial framework more closely with settlement standards adopted across leading global markets.
The transition was implemented under the supervision of the Securities and Exchange Commission of Pakistan (SECP) that reflects a coordinated endeavour among key market institutions, including the Pakistan Stock Exchange, the National Clearing Company of Pakistan, and the Central Depositary Company of Pakistan.
The move to T+1 settlement underscores Pakistan’s continued commitment to strengthening market resilience and fostering greater investor confidence.