Direct Phone Lines for Customer Support - Karachi Location                    Implementation of Un-Listed TFCs Reporting System effective from Monday, January 30, 2012…,                    Revised Clearing & Settlement and Risk Management of Bond Automated Trading System (“BATS”) effective from May 02, 2011                    New Up - Load Mechanism - Margin Financing Module                    Clearing & Settlement of Negotiated Deal Market (“NDM”) trades through NCSS effective from Monday, March 26, 2012…,                    Implementation of Pre-Settlement Delivery through NCSS effective from Monday, January 30, 2012…,                    COMPUTATION, DETERMINATION AND COLLECTION OF CAPITAL GAIN TAX BY NCCPL …..                    Implementation of Securities Lending and Borrowing ("SLB") through NCCPL effective from Monday, March 21, 2011 ….                    Same day UIN data transmission mechanism to stock exchanges effective from Monday, March 26, 2012…,                    Implementation of Margin Trading System (“MTS”) through NCCPL effective from Monday, March 14, 2011 ….                    Implementation of UIN Information System (“UIS”) effective from Monday, August 01, 2011….FAQ's and UIS Account Opening Form are also available on NCCPL Website....,                    Implementation of Margin Financing System (“MF System”) through NCCPL effective from Monday, March 14, 2011 ….                    ACCEPTANCE OF TREASURY BILLS (“T-BILLS”) AS COLLATERAL FROM TRADING FINANCIERS OF THE MARGIN TRADING SYSTEM…                    Modifications in Margin Trading System (“MTS”).…,                    CLEARING & SETTLEMENT OF (“NDM”) CLIENT-TO-CLIENT TRADES THROUGH “NCSS” ON T+0 SETTLEMENT CYCLE….                          Home | Site Map | Contact Us
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National Clearing Company of Pakistan Limited (NCCPL) is a significant institution of Pakistan's Capital Market providing clearing and settelment services to all three stock exchanges in the country.
 
As a part of Capital Market Development Programme of Asian Development Bank (ADB) in Pakistan, the Capital Market Project Consultants, Arthur Anderson & Company were given mandate to develop recommendations for a National Clearing & Settelment System (NCSS) to replace the separate and individual Clearing Houses of three Stock Exchanges, namely Karachi Stock Exchange, Lahore Stock Exchange and Islamabad Stock Exchange by a single and centralized entity.

Accordingly the Company was incorporated on July 3, 2001 to manage and operate the National Clearing & Settlement System (NCSS) in a fully automated electronic settlement system. NCSS Live Operations commenced from December 24, 2001. However, the Company became fully operational in the year 2003-04 by inducting and handling clearing and settlement of all book-entry securities through NCSS. Thereafter, any security which becomes live in Central Depository System, on ready status, is accordingly inducted into the NCSS.

The Capital Market of Pakistan has a traingular foundation comprising of the stock exchanges, Depository Company and NCCPL; the goal of all being an economically stronger, more prosperous Pakistani Capital Market. Armed wih this vision, NCCPL is playing a significant role in ensuring growth and prosperity to the Capital Market of Pakistan.
 
The Operations of NCCPL are governed by the following:
NCCPL Regulations
NCSS Procedures
Clearing House Companies (Registration and Regulations) Rules 2005
Companies Ordinance, 1984
Income Tax Ordinance 2001
 
 
 
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Contact us at (92-21) 32460811-19 or Email us at info@nccpl.com.pk fax: (92-21) 32460827
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