National Clearing Company of Pakistan Limited (NCCPL) is a significant institution of Pakistan's Capital Market providing clearing and settlement services to the Pakistan Stock Exchange Limited.
As an integral pillar of the Pakistan Capital Market and equal opportunity employer; we ensure the provision of bright opportunities for professionals who seek to excel in their careers by providing a competitive and challenging work atmosphere.
SGF is created as an irrevocable trust to give a greater degree of comfort to investors and to make payments to NCCPL of the required amount(s) from time to time for satisfying clearing member(s) obligations to NCCPL in case of default of such clearing member(s).
NCCPL carries a range of products and services which help current and potential investors in effective, efficient and transparent trading in the Capital Market.
A collection of educational articles and materials to impart awareness amongst investors and provide end users with basic knowledge about investing in the Capital Market.
NCC BioVerify
NCCPL has developed the mobile application titled as "NCC BioVerify" to facilitate investors to perform biometric verification, a requirement specified by NADRA in a simple and efficient manner without any physical visit to Broker's office. The biometric verification through this app can be completed in few minutes through a few simple clicks. The biometric verification can be performed simultaneously during account opening process or within 45 days' period.
NCCPL Introduces WhatsApp Services
In order to expand customer interaction channels/platforms and improve the overall user experience, NCCPL has added yet another channel to communicate with customers that is user friendly and convenient. NCCPLWhatsApp Service has been deployed which will allow the customers to communicate with our Customer Services team interactively.
NEXT DAY NETTING FACILITY
As part of core measures to enhance liquidity in the securities market, NCCPL has introduced Next Day Netting Facility (NDNF) which is aimed at enhancing liquidity in the capital market.
Investment in Government Securities
NCCPL has been appointed as Special Purpose Primary Dealer (“SPD”) by State Bank of Pakistan to pursue its objective to enhance participation of capital market/retail investors in Government Securities.
Online Account Opening
The online account opening process is designed keeping in view all the necessary controls and without compromising on the level of ease expected from digital account opening process for a customer.
MURABAHAH SHARE FINANCING
NCCPL has launched “Murabahah Share Financing (MSF)” System to provide market participants with a Shariah compliant financing mode. The system has been developed allowing financing only in Shariah compliant securities falling under the PSX-KMI All Share Islamic Index.
KNOW YOUR CUSTOMER (KYC)
NCCPL has launched “Centralized Know Your Customer (KYC) Organization (CKO)” to assist market participants in account opening processes. This state-of-the-art system is developed in order to bring ease and efficiency to the overall systems by keeping the global standards under consideration.
Monument of Solidity
A heritage of strong foundations sows the seeds for stronger establishments. Being nationally owned, NCCPL inherits the solidity of heritage's timeless structures as a significant central information of the Pakistan Capital Market.
CLEARING & SETTLEMENT
NCCPL is a significant element of Pakistan's Capital Market that provides centralized Clearing and Settlement Services for all trades/transactions executed at the Pakistan Stock Exchange Limited in the Equities, Derivatives and Debt Market.
National Custodial Services
National Custodial Services (NCS) has been developed to provide centralized clearing, settlement and custodial services for the capital market investors.The NCS enables the investors to maintain their cash and securities with NCCPL while continuing to execute their trade through the Trading Right Entitlement Certificate "TREC"holders of the Pakistan Stock Exchange Limited.
Risk Management System
Market confidence is essential for risk free investment by clients and this confidence is only built-up by implementing streamline and robust risk management framework. In accordance with the provision of the Securities Act, 2015, the NCCPL has taken over the entire risk management functions of the capital market trades that are executed and settled by the Clearing Members.
Date:
Nov 24,2023
Chairman SECP inaugurates “NCConnect” developed by NCCPL
Date:
Oct 04,2023
The SECP’s Commissioner inaugurated “NCConnect” developed by NCCPL
Date:
Jun 23,2023
The National Clearing Company of Pakistan Limited Successfully Conducted Live Business Continuity Drill to demonstrate Resilience and Preparedness of its business systems
Date:
Mar 07,2023
Launching “NCC BioVerify” NCCPL mobile app for instant biometric verification
Thermal cameras detect the heat lost by a subject as infrared, but polar bears are experts at conserving heat. The bears keep warm due to a thick layer of blubber under the skin. Add to this a dense fur coat and they can endure the chilliest Arctic day.
Ice Stupa
Ice Stupa is a form of glacier grafting technique that creates artificial glaciers, used for storing winter water in the form of conical shaped ice heaps. During summer, when water is scarce, the Ice Stupa melts to increase water supply for crops. Ice Stupa was invented by Sonam Wangchuk from Ladakh, a trans-Himalayan mountain desert in the extreme north of India with villages located at 2,700m to 4,000m altitudes. It is a cold desert with winter temperatures touching -30° C, and an average annual rain/ snow fall of only 100 mm.
Underwater Cave
The world's largest underwater cave is officially located in Mexico, and it spans a staggering 347 kilometers (216 miles). Not only is this branching labyrinth a spectacle to behold, it is also full of huge ponds, Maya civilization secrets and treasures.
Woodpecker
When a woodpecker strikes at a tree, it's head endures 1,000 times the force of gravity. So how do they survive? Plate-like bones with a "spongy" structure in the skull help distribute the incoming force, thereby protecting the brain. They also have a "third inner eyelid" that prevents their eyes from popping out.
Gates of Hell
The Darvaza gas crater known locally as the "Door to Hell" or ''Gates of Hell", is a natural gas field collapsed into an underground cavern located in Derweze, Turkmenistan. Geologists intentionally set it on fire to prevent the spread of methane gas, and it is thought to have been burning continuously since 1971. The diameter of the crater is 69 meters (226 ft), and its depth is 30 meters (98 ft).
Surviving Piano
The world's oldest surviving piano is at the Metropolitan Museum of Art in New York City. The instrument dates back to 1720, and was made by an Italian man named Bartolomeo Cristofori.
Nils Bohlin
Nils Bohlin, an engineer at Volvo, invented the three-point seat belt in 1959.He received a gold medal from the Royal Swedish Academy of Engineering Science in 1995. The reason the three-point seatbelt is so widely adopted is actually because Volvo opened up the patent so that any car manufacturer could use it in their design. They decided that the invention was so significant, it had more value as a free life saving tool than something to profit from.
Tree of Death
The manchineel tree is nicknamed the "Tree of Death" for good reason: Touching it can leave chemical burns on your skin, its fruit is toxic, and its bark—when burned—can cause blindness.
The Everlasting Storm
In a small area of northwestern Venezuela, where the Catatumbo River meets Lake Maracaibo, known as Relámpago del Catatumbo, or "the everlasting storm," this wondrous natural light show rampages through the sky for up to 160 nights a year, for as long as 10 hours at a time. A record breaking 1.2 million strikes per year. A lightning strike can reach a temperature of 30,000 C or 54,000 F.
The Queen Alexandra's Birdwing
The Queen Alexandra's Birdwing is the world's largest butterfly, with a wingspan of up to 12 inches. It is found only in Papua New Guinea and is considered endangered.
Three Letter Airport
When three-letter airport codes became standard, airports that had been using two letters simply added an 'X'.
Jonas Edward Salk
Jonas Edward Salk (October 28, 1914 – June 23, 1995) was an American medical researcher and virologist. He discovered and developed one of the first successful polio vaccines. Until 1955, when the Salk vaccine was introduced, polio was considered one of the most frightening public health problems in the world. He declined to patent his polio vaccine. "There is no patent," he said. "Could you patent the sun?"
20% of Earth’s oxygen
Our atmosphere is made up of roughly 78 per cent nitrogen and 21 per cent oxygen, with various other gases present in small amounts. The Amazon Rainforest, covering 5.5 million square kilometers (2.1 million square miles) cycles a significant proportion of the Earth’s oxygen (about 20% of Earth’s oxygen) while also absorbing large quantities of carbon dioxide.
Electric chair
The electric chair was invented by a dentist Dr. Alfred P. Southwick.
Halley's comet
Halley's comet passes the Earth every 76 years (the next time it will return will be 2062)
Honey
Honey is the only natural food which never spoils.
Martin Cooper
The first public cell phone call was made on April 3, 1973 by Martin Cooper.
Red Panda
A red panda is an animal native to the Himalayas and southwestern China. The English word for red panda is ‘Firefox’ which is where the browser gets its name from – so the Firefox logo is actually a red panda, not a fox.
Robot
The word robot comes from the Czech “robota“. This translates into forced labour, or work.
Highest Mountain
The highest mountain known to man is the Olympus Mons, which is located on Mars. It’s peak is 15 miles (25KM) high, making it nearly 3 times higher than Mt Everest.
Martian day
The Martian day is 24 hours 39 minutes and 35 seconds.
Parliament
A group of owls is called a parliament.
Blue Whale
The Blue Whale weighs as much as thirty elephants and is as long as three Greyhound buses. The heart of it is sizes of an average car and the call/sound of a Blue Whale is louder than a jet engine.
Northrop Frye
“The most technologically efficient machine that man has never invented is the book.”
Daniel Bell
“Technology like art is a soaring exercise of the human imagination.”
Alan Kay
“The best way to predict the future is to invent it.”
Matt Mullenweg
“Technology is best when it brings people together.”
“Man is still the most extraordinary computer of all.”
Robert Noyce
“Innovation is everything. When you are on the forefront, you can see what the next innovation needs to be. When you are behind, you have to spend your energy catching up.”
Bara Dari of Raja Ranjit Singh
Raja Ranjit Singh (13 November 1780 – 27 June 1839) was the founder of Sikh Empire, which came to power in the Indian subcontinent in the early half of the 19th century. The empire, based in the Punjab region, existed from 1799 to 1849. Ranjit Singh was succeeded by his son, Kharak Singh.
Shehrgarh Fort, Rannikot
is a mystery unto itself. History is not quite sure who built it, its purpose, and who lived here.Apparently, there were no settlements here. No one wanted it to be a residential fort. Some Sindhi scholars attribute the fort to Talpur, but others, mainly foreign scholars, say it was built much earlier than that.
Merewether Clock Tower
is located in Karachi, Sindh, Pakistan. It was raised by public subscription as a memorial for Sir William L. Merewether. Designed by James Strachan, the Municipal Engineer, the foundation stone was laid by the Governor of Bombay, Sir James Fergusson in 1884. It was formally opened to the public in 1892 by the Commissioner in Sind, Sir Evan James.
Rohtas Fort
is a garrison fort built by the great king Sher Shah Suri. He constructed it to block Emperor Humayun’s return to the Indian subcontinent after defeating him in the Battle of Kannauj.
Tomb of Shah Rukn-e-Alam
was built between1320 and 1324 CE in the pre-Mughal architectural style. The tomb is said to have been built by Ghias-ud-Din Tughlak (1320-1325 AD) during his governorship of Depalpur, between 1320 and 1324 CE and was given by his son. Muhammad bin Tughluq to the descendants of Shah Rukn-e-Alam for the latter’s burial in 1330. In the 1970s, the mausoleum was thoroughly repaired and renovated by the Auqaf Department. The entire glittering glazed interior is the result of new tiles and brickwork done by the Kashigars of Multan. Shah Rukn-e-Alam was the son of Pir Sadar-Al-Din Arif. He was born in Multan on Friday, the 9th of Ramadan 649 Hijri (26 November 1251). He was the grandson and successor of Sheikh Baha-ud-din Zakariya. Shah Rukn-e-Alam died on Friday, the 7th of Jumada al-Awwal 735 Hijri (3rd January 1335). He was buried in the mausoleum of his grandfather, according to his own will. After sometime, however, his coffin was transferred to the present mausoleum.
The Tomb of Jahangir
is a mausoleum built for Jahangir, who ruled the Mughal Empire from 1605 to 1627. The mausoleum is located in Shahdara Bagh in Lahore, Punjab, Pakistan. The region was a “favourite spot” of Jahangir and his wife Nur Jahan, when they lived in this city. When Jahangir died in 1627 in Rajaur, near Lahore, he was initially buried in Dilkusha Garden. But his son Shah Jahan, ordered that a “mausoleum befitting an Emperor” be built in his honor.
Wagah Border
Wagah is a village situated near a road border crossing, goods transit terminal and a railway station between Pakistan and India, and lies on the Grand Trunk Road between the cities of Amritsar, Punjab, India, and Lahore, Punjab, Pakistan. The border is located 24 kilometers from Lahore and 32 kilometers from Amritsar. It is also 3 kilometers from the bordering village of Attari. It is particularly known for the elaborate Wagah border ceremony that happens at the border gate, two hours before sunset each day. The flag ceremony is conducted by Indian Border Security Force and Pakistan Rangers.
Siachen Border
TheSiachen Glacier is located in the eastern Karakoram range in the Himalaya Mountains at about 35.421226°N 77.109540°E, just northeast of the point NJ9842 where the Line of Control between India and Pakistan ends. At 76 km (47 mi) long, it is the longest glacier in the Karakoram and second-longest in the world's non-polar areas. It falls from an altitude of 5,753 m (18,875 ft) above sea level at its head at Indira Col on the China border down to 3,620 m (11,875 ft) at its terminus. Entire Siachen Glacier with all major passes is currently under administration of India since 1984, while Pakistan controls the region west of Saltoro Ridge.
The Siachen Glacier lies immediately south of the great drainage divide that separates the Eurasian Plate from the Indian subcontinent in the extensively glaciated portion of the Karakoram sometimes called the "Third Pole". The glacier lies between the Saltoro Ridge immediately to the west and the main Karakoram range to the east.
Torkham Gate
Torkham is one of the major border crossings between Afghanistan and Pakistan, located on the Durand Line border. It connects Nangarhar province of Afghanistan with Pakistan's Federally Administered Tribal Areas (FATA) and Khyber Pakhtunkhwa. It is the busiest port of entry between the two countries, serving as a major transporting, shipping, and receiving site.
Chaman Gate
The Wesh–Chaman border crossing is one of the major international border crossings between Afghanistan and Pakistan. Located on the Durand Line, it leads north from the town of Chaman, Balochistan into Wesh in Spin Boldak, Kandahar province. More generally, it links the two provincial capitals: Quetta and Kandahar.
A brick, double-arched Friendship Gate, rising three stories tall, was erected in 2003. The gate facing towards Balochistan bears the words "Proud Pakistani" and "Pakistan First".
Khunjerab Pass
Khujerab Pass (elevation 4,693 metres or 15,397 feet) is a high mountain pass in the Karakoram Mountains in a strategic position on the northern border of Pakistan's Gilgit–BaltistanHunza - Nagar District on the southwest border of the Xinjiang region of China. Its name is derived from Wakhi 'Khun' means Home and 'Jerav' means spring water/water falling.
Line of Control
Line of Control (LoC) refers to the military control line between the Indian and Pakistani controlled parts of the former princely state of Kashmir and Jammu—a line which, to this day, does not constitute a legally recognized international boundary but is the de facto border. Originally known as the Cease-fire Line, it was designated as the "Line of Control" following the Simla Agreement, which was signed on 3 July 1972. The part of the former princely state that is under Indian control is known as the state of Jammu and Kashmir. The two parts of the former princely state that are under Pakistani control are known as Gilgit–Baltistan and Azad Kashmir (AJK). Its northernmost point is known as the NJ9842.
First Camera
If you were to have your picture taken by the very first camera, you’d need to sit still for 8 hours.