Karachi February 21 2025: New account registrations under Unique Identification Number (UIN) reaching 9,561 in January 2025, with the majority of 8,047 processed online taking total number of accounts to 366,285, 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 year.
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 January 2025.
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 January 31, 2025, the total number of UINs (Unique Identification Numbers) registered with active trading accounts in NCCPL saw a net increase from 357,419 in December to 366,285 in January. This growth was driven primarily by individual account holders, who contributed the most significant change, with 8,847 new UINs opened and 641 closed, resulting in an increase to 332,525 active UINs by the end of January.
Corporate companies also experienced a slight rise, with 9 new UINs opened and 3 closed, bringing their total to 1,868. Broker clearing members closed one account during January and remained at 197. Funds and others showed minimal activity, with only 2 UINs opened, leading to a total of 1,322 active UINs.
Among foreign individual account holders, 320 new UINs were opened, 44 were closed, and 91 were converted to RDA (Roshan Digital Accounts), leaving 16,718 active UINs. The RDA/NRP (Non-Resident Pakistani) category also grew, with 383 new UINs opened and 6 closed, offset by the 91 conversions, resulting in 13,655 active UINs. Overall, the data reflects a steady increase in active UINs across most categories, particularly among individual and foreign individual account holders.
