Pakistan introduces the T+1 stock market settlement mechanism.

The Securities and Exchange Commission of Pakistan (SECP) reports that under the new system, trades made on February 9 were satisfactorily settled on February 10.

Investor trust would increase with the implementation of the T+1 settlement, according to SECP Chairman Dr. Kabir Siddhu. He went on to say that the action improves transparency and brings Pakistan’s stock market into line with contemporary international markets, both of which are essential for preserving investor confidence.

It is anticipated that this system’s introduction will improve trading efficiency, lower settlement risk, and bolster the legitimacy of the Pakistani stock market.