Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has released its quarterly review of securities eligible as market collateral for the Deliverable Future Contract (DFC) Market. Effective from Monday, April 28, 2025, the updated list includes several key securities, as outlined in the Pakistan Stock Exchange Notice No. PSX/N-393 dated April 18, 2025.
This detailed review falls under the purview of the NCCPL Regulations 2015, specifically clause 12.5.2 (a) and schedule II clause "C" of Chapter 12. The securities eligible for trading in the DFC market include prominent names such as AGHA Steel Industries Ltd, Bank Alfalah Limited, and Lucky Cement Limited, among others. The comprehensive list features a diverse range of sectors, signaling a robust lineup of securities for market participants.
According to information available from the Pakistan Stock Exchange (PSX), the inclusion of new securities, marked with an asterisk (), will be effective starting April 28, 2025. These additions include Bank Makramah Limited, Ghani Chemical Industries Limited, JS Bank Limited, At-Tahur Limited, and Thatta Cement Company Limited. These inclusions are expected to provide more options for investors seeking to diversify their portfolios within the DFC market.
Simultaneously, the NCCPL has announced the exclusion of certain securities from the list of market collateral for the DFC Market. Effective from Monday, May 12, 2025, Ferozsons Laboratories Limited, NBP Pakistan Growth ETF, and Wafi Energy Pakistan Limited will no longer be eligible. These changes reflect an ongoing assessment and adjustment process aimed at maintaining the integrity and efficiency of the market.
This update is crucial for market participants as they navigate the DFC Market, which operates under the designated market category of the Pakistan Stock Exchange. The PSX continues to play a critical role in facilitating trade and investment opportunities, with the NCCPL ensuring the enforcement of regulatory measures that govern securities eligibility.