Atlas Pension Islamic Fund activates non-broker clearing member account

By MG News | August 30, 2024 at 11:18 AM GMT+05:00

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August 30, 2024 (MLN): Atlas Pension Islamic Fund-Equity Sub-Fund has activated its Non-Broker Clearing Member account with the National Clearing Company of Pakistan Limited (NCCPL).

This activation was communicated to market participants through a notice issued today.

Moreover, it allows for direct clearing and settlement, as well as risk management through the Institutional Delivery System (IDS) module of the National Clearing and Settlement System (NCSS).

The effective date of this activation is August 30, 2024, said NCCPL.

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