Karachi: M/s. Amaan Capital (Private) Limited has officially been activated as a Trading Only (TO) Securities Broker on the Pakistan Stock Exchange (PSX), marking a significant step in its operational journey. According to the latest announcement, the brokerage firm has fulfilled all necessary requirements outlined under Regulation No. 4.11 of PSX Regulations. This development took effect on January 27th, 2025.
With this new status, Amaan Capital, holding TREC No. 214, is now an active TRE Certificate Holder on the exchange. This position allows the firm to engage in trading activities, thereby expanding its market operations and contributing to the liquidity and dynamism of the exchange's trading environment.
In tandem with this development, Eclear Services Limited (ESL) has been designated as the Professional Clearing Member (PCM) for Amaan Capital. ESL will be responsible for settling the executed trades and maintaining custody of securities and funds across all accounts associated with Amaan Capital, including proprietary and other related accounts. This partnership is expected to streamline transactions and ensure the seamless operation of trading activities.
According to information available from the Pakistan Stock Exchange (PSX), the activation of Amaan Capital as a Trading Only Securities Broker is poised to enhance market participation. This move aligns with PSX's ongoing efforts to foster a robust and competitive trading environment, encouraging greater investor engagement and facilitating smoother trade settlements.
Amaan Capital's entry into the market as an active securities broker underlines the vibrancy and growth potential within the Pakistan stock market, which continues to attract both local and international investors looking for promising opportunities.