Karachi: M/s. SIA Equities (Pvt) Limited has officially activated its status as a Trading Right Entitlement (TRE) Certificate Holder on the Pakistan Stock Exchange (PSX), following the completion of all necessary formalities. This activation, effective March 25, 2025, was carried out under Regulation No. 4.11 of the PSX regulations, designating the firm as a Trading Only (TO) Securities Broker.

The activation allows SIA Equities to operate as a securities broker, limited to trading activities, without engaging in any other brokerage functions. As part of this arrangement, Eclear Services Limited (ESL) has been appointed as the Professional Clearing Member (PCM) for SIA Equities. ESL will be responsible for settling executed trades and managing the custody of securities and funds for all accounts associated with SIA Equities, including proprietary and other related accounts.

According to information available from the Pakistan Stock Exchange (PSX), the activation of SIA Equities as a Trading Only Securities Broker is a regulated process aimed at ensuring compliance with the exchange's operational standards. This development is significant for market participants within the designated market category, as it potentially increases the trading capacity and liquidity within the PSX ecosystem.

The formalization of SIA Equities' role as a TRE Certificate Holder underscores the firm's commitment to adhering to the regulatory framework set by the PSX, enabling its participation in the securities market. This move is expected to contribute to the overall efficiency and competitiveness of the trading environment on the exchange.