NCCPL Prepares Mock Systems for Integration Testing in Cash Settled Future Market

Karachi: The National Clearing Company of Pakistan Limited (NCCPL) announced that it will make its mock systems available for market participants to conduct integration testing for the Cash Settled Future Market (CSF) on November 22, 2025. This move follows a circular from the Pakistan Stock Exchange (PSX), identified as PSX/N-1246, dated November 19, 2025.

The mock systems will be operational between 11:30 a.m. and 4:30 p.m. on the specified date. Participants in the market can access the NCCPL’s systems using their existing live system passwords and trading accounts, with the day-end position as of November 20, 2025. According to information available from the Pakistan Stock Exchange (PSX), these systems have been integrated with the PSX Trading system to facilitate a seamless testing environment.

NCCPL has ensured that sufficient margin is available to Clearing Members for trading during this mock exercise. Additionally, the Cash Management Module (CMS) will be accessible on the Post Trade RMS system for activities related to cash deposits. The company has requested all participants to confirm the connectivity and functionality of their systems before the mock session.

For support or queries related to IT and business operations during the mock session, NCCPL has provided a comprehensive list of contact numbers for its support team across Karachi, Lahore, and Islamabad.