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) on 3rd may 2021. EClear is a Large Size Company (LSE) under 3rd schedule of Company Act 2017.
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.
ESL is supported and sponsored by strong pillars of Pakistan Capital Market, including Central Depository Company of Pakistan Limited (CDCPL), Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL) and other financial Institutions.
