Pakistan’s capital market is set to enter a new era of efficiency as the Securities and Exchange Commission of Pakistan (SECP), in collaboration with the National Clearing Company of Pakistan Limited (NCCPL), announced the transition to a T+1 settlement cycle effective February 9, 2026.
Under the new system, trades will be settled on the next business day instead of the current two-day cycle. This move places Pakistan alongside global markets that are adopting faster, safer, and more efficient settlement mechanisms.
Officials say the initiative will enhance market efficiency, reduce settlement risk, and align Pakistan’s capital market with international best practices. Market participants are encouraged to contact their brokers for further guidance.
For assistance, NCCPL has set up a help desk at 021-111-111-622 and will provide updates on its official website, nccpl.com, and on its social media channels, including Facebook, LinkedIn, Twitter, and Instagram.
This transition marks a significant milestone in Pakistan’s financial sector reforms, reflecting the country’s commitment to modernisation and investor protection.

