FAQs


EClear was established in order to facilitate brokers who fall under the category of “Trading only”; they will execute activities pertaining to trading on behalf of customers. Since this category cannot hold the customer’s cash and custody, EClear will provide professional clearing services to those brokers for clearing, settlement and custody of customer’s assets.

Why was EClear established?
Previously, it was observed that most of the investors were losing interest in the capital market, therefore, in order to improve the confidence of the investors a new broker regime was introduced by the regulators in which TREC holders were divided into 3 categories. EClear was established in order to facilitate the 3rd category brokers which fall under the category of “Trading only”. Since the 3rd category brokers cannot hold the customer’s cash and custody, EClear will provide professional clearing services to those brokers for clearing, settlement and custody of customer’s assets for customers.
What is EClear’s Market Size?
Currently, there are 32 brokers that will be mandated to obtain PCM services.
Who is your Target Audience (Primary and Secondary)?
In the first phase, we will be targeting Trading Only (TO) only category brokers and in the second phase, we will be targeting Trading & Self Clearing brokers. We might see mushroom growth in the number of brokers who will be willing to opt PCM services.
Who is EClear’s competition?
Brokers having the Trading & Clearing license will be our competitors.
Why should we choose EClear? What will be its Competitive Advantage?
ESL is backed by very strong market-players as sponsors, including CDC, PSX, NCCPL and other financial Institutions and has acquired all the necessary infrastructure, state of the art System tailor-made to perfection, skilled & experienced staff and other necessary arrangements to be able to efficiently & effectively discharge its responsibilities as a Professional Clearing Member.
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