NCCPL ka naya T+0 mechanism December 23 se lagu hoga
National Clearing Company of Pakistan Limited (NCCPL) ne announce kiya hai ke naya T+0 mechanism Monday, December 23, 2024 se lagu hoga. Yeh nayi system ke kuch khas features hain jo PSX (Pakistan Stock Exchange) aur DMCMs ke liye zaroori hain.
Key Features:
- PSX trading system par T+0 trades Trade-for-Trade basis par settle hongi, aur buy aur sell GDS T+0 trades ka netting allow nahi hoga.
- Debt Market Clearing Members (DMCMs) ko apni money obligation apne respective Settling Bank (SB) ke zariye settle karni hogi.
- Nayi screen: GDS Instant Bank Collection & Payment ka interface available hoga Settling Banks ke liye (Annexure-A mein tafseelat).
- Funds collect hone ke baad, Balance Order delivery selling DMCM ke CDS account se buying DMCM ke CDS account mein move ki jayegi.
- Shares move hone ke baad, funds selling DMCM ke Settling Bank account mein Designated Time Schedule (DTS) ke mutabiq 3 batches mein release hongi.
- Na funds ki partial settlement hogi, na delivery ki.
Kya matlab hai?
Iss mechanism se trading aur settlement ka process aur streamline hoga, aur transparency ko promote kiya jayega. NCCPL ki taraf se ek significant step hai jo Pakistan ke capital markets mein efficiency aur stability ko mazid improve karega.
Traders aur DMCMs ke liye zaroori:
Is nayi system ke baare mein mazeed maloomat ke liye apne Settling Bank ya NCCPL se rujoo karein.
