Pakistan Financial Markets to Host Joint Session on T+1 Settlement Cycle

Islamabad: In a collaborative effort to educate market participants about the forthcoming T+1 Settlement Cycle, the National Clearing Company of Pakistan Limited (NCCPL), in conjunction with the Pakistan Stock Exchange (PSX) and the Central Depository Company (CDC), has announced a series of awareness sessions scheduled for early January 2026. These sessions are designed to provide detailed insights into the operational framework, timelines, and procedural aspects associated with the new settlement cycle.

The sessions will take place on January 1, 2026, at the Islamabad Stock Exchange Building and on January 2, 2026, at the Lahore Stock Exchange Building. The awareness sessions aim to ensure that all stakeholders are well-informed and prepared for the transition to the T+1 Settlement Cycle, a move that aligns with global best practices to enhance market efficiency.

According to information available from the Pakistan Stock Exchange (PSX), the implementation of the T+1 Settlement Cycle is a significant step forward for Pakistan’s financial markets. The initiative is expected to improve liquidity and reduce the risk in transactions by shortening the settlement time from the current T+2 framework. This change will bring Pakistan in line with other major financial markets worldwide, which have already adopted the T+1 settlement standard.

Market participants from Islamabad and Lahore are encouraged to attend the sessions in person, with additional provisions made for virtual attendance via Zoom. This dual format aims to maximize participation and ensure broad access to the crucial information being disseminated.

As the financial community prepares for this transition, these sessions represent a critical opportunity for stakeholders to engage with the new settlement procedures, clarify any uncertainties, and ensure a smooth implementation process.