PSX, SECP Sign MoU to Strengthen Market Oversight with New Surveillance System

Kazim Shah

Karachi: The Pakistan Stock Exchange (PSX) and the Securities and Exchange Commission of Pakistan (SECP) have signed a Memorandum of Understanding (MoU) to enhance regulatory oversight of the country’s capital markets. The agreement, inked at PSX on September 23, grants SECP direct access to the exchange’s New Surveillance System.

The integration will allow the SECP to conduct faster, smarter and more secure monitoring of trading activity, using the same advanced technology already deployed by PSX. Officials said the move represents a significant step toward strengthening regulatory coordination and ensuring a fair, transparent market environment.

The New Surveillance System, launched by PSX in May 2023 as part of its new trading infrastructure, was acquired from the Shenzhen Stock Exchange in China. The system is designed to meet global standards of market surveillance and is considered a prerequisite for maintaining investor confidence in securities markets.

Both PSX and SECP described the MoU as part of a shared vision to align Pakistan’s capital market infrastructure with international benchmarks. They also acknowledged the support of Shenzhen Stock Exchange in the system’s development and implementation.

The partnership is expected to pave the way for deeper integration and more resilient regulatory practices across Pakistan’s capital markets.