Pakistan Stock Exchange Limited (PSX) and Securities and Exchange Commission of Pakistan (SECP) have formalized a strategic partnership aimed at enhancing regulatory oversight of the country’s capital markets. On September 23, 2025, both organizations signed a Memorandum of Understanding (MOU) granting SECP direct access to PSX’s New Surveillance System. This collaboration is intended to strengthen coordination between the two institutions, enabling faster, smarter, and more secure market monitoring while ensuring transparency for all market participants.
The New Surveillance System, acquired from Shenzhen Stock Exchange, China, was introduced as part of PSX’s New Trading System in May 2023. Its implementation was a key step in modernizing the exchange’s technological capabilities, aligning its infrastructure with global standards. With SECP now accessing this advanced platform, regulatory oversight will benefit from real-time data and sophisticated monitoring tools, allowing authorities to identify irregularities, monitor trading patterns, and enforce compliance more efficiently. Officials highlighted that robust surveillance is crucial for maintaining investor confidence and fostering a fair and transparent trading environment.
The integration reflects a broader commitment by PSX and SECP to develop a resilient and transparent capital market ecosystem. Both institutions acknowledged the efforts of their respective teams in operationalizing the system and emphasized the support received from Shenzhen Stock Exchange during development and deployment. The direct access arrangement enables SECP to utilize the same technology and analytics as PSX, ensuring uniformity in market supervision and enhancing the speed and accuracy of regulatory interventions.
Analysts note that this partnership positions Pakistan’s capital markets to meet international standards in market surveillance and regulatory compliance. By streamlining coordination between SECP and PSX, the initiative strengthens market integrity and provides a technological foundation for future enhancements in trading, reporting, and risk management. The move also underlines the importance of continuous investment in digital infrastructure to maintain competitiveness in regional and global capital markets. This step is expected to boost investor confidence and support sustainable growth in Pakistan’s financial sector.
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