The Pakistan Stock Exchange Limited (PSX) and the Securities and Exchange Commission of Pakistan (SECP) have entered a strategic partnership to enhance oversight of the capital markets through a signed Memorandum of Understanding (MOU). The agreement, formalised at a ceremony at PSX on September 23, 2025, grants SECP direct access to PSX's New Surveillance System.
According to a statement released on Thursday, the integration will allow SECP to conduct smarter, faster, and more secure market surveillance, leveraging the same advanced technology used by PSX. The collaboration is described as a major step in strengthening regulatory coordination and ensuring a fair, transparent market for all participants.
The New Surveillance System, acquired by PSX from the Shenzhen Stock Exchange, China, as a module of the New Trading System, was launched in May 2023 to upgrade PSX's technological capacity and functionality to bring it at par with global stock exchanges. SECP will now access this state-of-the-art surveillance system under uniform arrangements with PSX. A robust surveillance system is a prerequisite for a fair and transparent securities market, reads the statement.
Both organisations acknowledged the contributions of their respective teams and the support from Shenzhen Stock Exchange, whose cooperation has been instrumental throughout the development and implementation phases.
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