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logo-eclear

About EClear

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).

ONLINE TRADING PLATFORM

(OMS)

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Services

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.

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Digital Onboarding of Investors

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Risk Management and Back office IT system

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Clearing, Settlement and Custodial services

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Complete KYC and AML outsourcing services

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Access to all leverage Markets

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.

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 36 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.
  • Address: CDC House, 99-B, Block B, S.M.C.H.S.,
    Main Shahrah-e-Faisal, Karachi – 74400.
  • Tel: (92-21) 111-111-500
  • Fax: (92-21) 34326031
  • For Investor Grievances & Complaints:
  • Compliance Department
  • Email : [email protected]
  • Fax : (+92 21) 34326036

Last updated: April 09, 2024

“In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained by the SECP.”

  • Address: CDC House, 99-B, Block B, S.M.C.H.S.,
    Main Shahrah-e-Faisal, Karachi – 74400.
  • Tel: (92-21) 111-111-500
  • Fax: (92-21) 34326031
  • For Investor Grievances & Complaints:
  • Compliance Department
  • Email : [email protected]
  • Fax : (+92 21) 34326036

Website Last updated: March 27, 2023

“In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained by the SECP.”