Karachi January 20 2025: New account registrations under Unique Identification Number (UIN) set a record in December 2024, reaching 15,130, with the majority of 13,381 processed online taking total number of accounts to 357,419, according to data reported by NCCPL.
To maintain a traceable link for each trade and transaction, executed in the stock market, NCCPL provides a centralized mechanism for the registration of investors in NCSS by assigning UIN.
The KSE-100 index surged by 83.7 percent during the last 12 months.
Overall, the data suggests from a period from July 2024 to December 2024 a strong and growing reliance on the online registration system.
AKD Seucrities, Arif Habib Limited, Muhammad Munir Muhammad Ahmed Khanani, K-Trade Securities Limited and JS Global Capital Limited are among the top five securities broker with respect to registration of new UIN during December 2024.
All registered UINs are provided to the stock exchange by NCCPL and stock exchanges link up the UINs with the trading systems at their end and it is mandatory for the Members to enter client code / ID having such UIN while placing any order in the trading system. The trading systems of the stock exchanges verify the client code / ID with the UIN registration details on Pre-trade basis and reject any order failing this validation.
As of December 30, 2024, the total number of UINs (Unique Identification Numbers) registered with active trading accounts in NCCPL saw a net increase from 349,829 in November to 357,419 in December. This growth was driven primarily by individual account holders, who contributed the most significant change, with 7,525 new UINs opened and 396 closed, resulting in an increase to 324,219 active UINs by the end of December.
Corporate companies also experienced a slight rise, with 8 new UINs opened and 4 closed, bringing their total to 1,862. Broker clearing members closed one account during December and remained at 199. Funds and others showed minimal activity, with only 1 UINs closed and 5 opened, leading to a total of 1,320 active UINs.
Among foreign individual account holders, 226 new UINs were opened, 15 were closed, and 70 were converted to RDA (Roshan Digital Accounts), leaving 16,533 active UINs. The RDA/NRP (Non-Resident Pakistani) category also grew, with 246 new UINs opened and 3 closed, offset by the 70 conversions, resulting in 13,187 active UINs. Overall, the data reflects a steady increase in active UINs across most categories, particularly among individual and foreign individual account holders.
