PSX, NCCPL to test T+1 settlement in Grand Mock Session

January 05, 2026 (MLN): The Pakistan Stock Exchange (PSX), in coordination with the National Clearing Company of Pakistan Limited (NCCPL) and the Central Depository Company of Pakistan Limited (CDCPL), will conduct an integrated Grand Mock Session from January 9 to January 13, 2026 to test market readiness for the upcoming T+1 settlement cycle.

According to the notice by National Clearing Company of Pakistan Limited (NCCPL) to the exchange, the move follows preparations outlined in its Circular No. NCCPL/CM/DECEMBER-25/14, dated December 18, 2025, regarding market testing for the shorter settlement cycle.

The session will be open to all market participants, enabling them to test and review system enhancements made to support the T+1 settlement framework.

The testing systems will remain accessible daily from 10:30 AM to 7:00 PM during the mock period.

NCCPL has strongly urged all market participants to ensure seamless system connectivity ahead of the exercise and to actively participate in the mock sessions.

Participants are advised to carry out all operational checks and verifications currently performed in the live environment to ensure a smooth and timely rollout of the T+1 settlement cycle.

Copyright Mettis Link News