CDC has been the leading force in Capital Market development through initiatives for the creation of an efficiently functional marketplace and making a remarkable difference to how it operates. Due to CDC’s efforts, synergy among the top 6 constituents of the Pakistan Equity and Capital Markets has been achieved. These are Securities and Exchange Commission of Pakistan(SECP), State Bank of Pakistan, country’s three stock exchanges – Karachi Stock Exchange(KSE) in particular, National Clearing Company(NCCPL), Central Depository Company(CDC) itself and most importantly, the market, which comprises of brokers, AMCs, mutual funds and investors.

Genuinely speaking, CDC has directed all its efforts towards integrating people, processes and systems. We have focused  primarily on empowering the people, safekeeping their assets and investments and secondarily on the improvement of markets and systems.

National Clearing and Settlement System (NCSS) 

Formulated by the CDC management, National Clearing Company operates the National Clearing and Settlement System (NCSS), another capital market infrastructure mechanism, providing settlement and clearing facilitates to all three exchanges for trades in eligible securities.

Clearing and settlement are among the most important aspects in the operation of the securities business. It is the process of reporting, matching, correcting securities transactions and the ultimate delivery or receipt of net balances.

Formerly managed by the CDC management, NCCPL is registered as a separate legal entity and now independently manages the National Clearing and Settlement System (NCSS).

Investment Road Shows

With a vision for wide scale development of the Pakistani Capital Market and to educate investors throughout Pakistan, Central Depository Company launched a series of Investment Road Shows in 2005. These target-driven events have now transformed into a platform for the capital market leaders and executives to meet and interact with the investors and stakeholders. The road shows have become a channel in educating the investors about the workings of Pakistani Capital Market & investment opportunities and clearing misconceptions about associated risks. These events have also been helpful in attracting household savings from the common investors towards more productive, economy-building causes.

Chronology of Events:

Sialkot	February 2005
Peshawar	March 2005
Hyderabad	June 2005
Quetta	July 2005
Multan	September 2005
Sukkur	January 2006
Faisalabad	March 2008
Gujranwala	May 2008
Lahore	October 2009

Capital Market Days

Apart from covering 8 local cities in Pakistan, CDC has taken the road shows to Abu Dhabi and Dubai in 2006 and held similar events in London (in collaboration with London Stock Exchange) and in New York (in collaboration with Citibank and The Bank of New York Mellon) in July 2007. These events by the name of Capital Market Days have played a key role in foreign-investor relationship development and increasing the investment base & foreign investment volume in Pakistan. These events have enabled face-to-face dialogue between corporate entities and fund managers/institutional investors who are interested to invest in the country.