EClear Services Limited (ESL), (incorporated as public unlisted company under the Companies Act, 2017) has been granted license to act as Pakistan’s first “Professional Clearing Member (PCM)” under the “Professional Clearing Members Regulations 2020” by Securities & Exchange Commission of Pakistan (SECP).
Introducing unique and innovative services to facilitate both Investors & Market intermediaries towards a robust Capital market. We are focused on cultivating collaborative partnerships for effecting ease of doing business and reducing cost of doing business.
Frequent Asked Questions
EClear Services Limited enables outsourcing of Clearing, Settlement & Custodial services to trading members of the Stock Exchange, enabling them to provide more efficient services to their clients.
Currently, there are 36 brokers that will be mandated to obtain PCM services.