Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced an awareness session to discuss the forthcoming implementation of the T+1 Settlement Cycle, as per a circular released by the company on October 24, 2025. This session aims to inform market participants about the new operational framework, timelines, and procedural aspects tied to the transition.
Scheduled for Monday, October 27, 2025, the session will take place at 3:45 PM at the PSX Conference Hall, located on the 3rd Floor of the Pakistan Stock Exchange in Karachi. The session will be accessible both in person and through a Zoom link, with Meeting ID 857 0470 4778 and Passcode 884691 provided for remote attendees.
NCCPL has urged all Clearing Members (CMs) to attend, stressing the importance of participation from operations, settlement, and IT teams to ensure a thorough understanding and seamless preparation for the upcoming changes. According to information available from the Pakistan Stock Exchange (PSX), the transition to the T+1 Settlement Cycle is a crucial step for the market.
The awareness session follows NCCPL’s earlier circular, NCCPL/CM/August-25/09 dated August 13, 2025, and represents a continued effort to prepare the market for this significant change in settlement operations.