Pakistan Stock Exchange Implements T+1 Settlement Cycle

Karachi: The Pakistan Stock Exchange Limited (PSX) has announced the implementation of approved amendments to its regulations, transitioning the settlement cycle from T+2 to T+1. This change took effect on February 09, 2026, following the approval from the Securities and Exchange Commission of Pakistan.

The transition was carried out in accordance with the NCCPL Circular No. NCCPL/CM/FEBRUARY-26/06, dated February 06, 2026. This circular was a joint issuance by the Central Depository Company (CDC), National Clearing Company of Pakistan Limited (NCCPL), and PSX. The move is expected to enhance the efficiency of the trading process on the exchange, aligning with global best practices.

According to information available from the Pakistan Stock Exchange (PSX), the shift to a T+1 settlement cycle represents a significant development in the market framework. This change is anticipated to reduce the time between the trading and settlement of securities, potentially improving liquidity and risk management for participants.

The PSX is categorized under the designated market category of financial services, playing a crucial role in the economic landscape of the country. With the successful implementation of the T+1 settlement cycle, market participants are expected to experience a streamlined and expedited trading environment.