NCCPL to remove three stocks from MTS, retain 64 in quarterly review

Mettis Global reported that the National Clearing Company of Pakistan (NCCPL) will keep 64 securities in the Margin Trading System (MTS) and MT (R) margin list from October 30, 2026. Citi Pharma, Habib Metropolitan Bank and Waves Corporation are being dropped from that system with effect from November 16, 2026, following the latest quarterly check.

This step came out of the quarterly eligibility check carried out under clauses 7C.3.2.d and 7C.3.2.e of the NCCPL Regulations 2015. Crescent Star Insurance and TPL REIT Fund I have a contract term of 30 days, whereas the bulk of eligible names run 60 days. Nine names stayed on the list owing to applicable relaxation, with seven at a relaxation count of 2 and Hum Network and Telecard at 1.

Citi Pharma fell short of the 22nd percentile threshold despite three successive relaxations, while Waves missed that threshold even with relaxation applied. Habib Metropolitan Bank fell short on average turnover and trade value tests, even with relaxation. The information reached the Exchange through a formal notification.