Karachi: M/s. Almeer Securities (Private) Limited has officially activated its status as a Trading Only Securities Broker on the Pakistan Stock Exchange (PSX), effective November 4, 2026. This move comes after the completion of all necessary formalities stipulated under Regulation No. 4.11 of the PSX Regulations, marking a significant step in the firm's operational capabilities within the securities market.
Almeer Securities, holding TREC No. 353, is now poised to actively engage in trading activities. To facilitate the seamless execution and settlement of trades, EClear Services Limited (ESL) has been appointed as the Professional Clearing Member (PCM) for Almeer Securities. ESL's role includes the settlement of executed trades and the custodianship of securities and funds across all accounts associated with Almeer Securities, encompassing both proprietary and other related accounts.
According to information available from the Pakistan Stock Exchange (PSX), the activation of Almeer Securities as an active TRE Certificate Holder aligns with the regulatory framework designed to enhance market participation and ensure the integrity of trading operations. This development is expected to contribute positively to the market dynamics, offering more options for investors and increasing liquidity.
The designation of Almeer Securities as a Trading Only Securities Broker reflects the company's adherence to PSX's stringent regulatory requirements and its commitment to maintaining high standards of trading practices. As the company embarks on this new phase, it is expected to play a pivotal role in facilitating efficient market operations and contributing to the overall growth of the securities sector.