KARACHI: In a major step towards modernising the country’s capital market, the National Clearing Company of Pakistan Ltd (NCCPL), in collaboration with the Pakistan Stock Exchange (PSX), Central Depository Company (CDC), and under the guidance of the Securities and Exchange Commission of Pakistan (SECP), has announced the formal transition to a T 1 settlement cycle, effective Feb 9, 2026.

The shift from the existing T 2 to the shorter T 1 cycle — where transactions are settled one business day after the trade — is........

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