The Pakistan Stock Exchange (PSX) has successfully transitioned to a T+1 settlement cycle, marking a significant advancement in the country's capital market infrastructure. This reform, effective from February 9, 2026, allows for the settlement of trades within 24 hours, replacing the previous T+2 system. According to Business Recorder, this move aims to "reduce systemic risk, improve liquidity, and strengthen post-trade efficiency." PSX CEO Farrukh H Sabzwari emphasized that this is an 'efficiency-oriented reform' rather than a disruption, noting that investor participation is on the rise with 23,400 Unique Identification Numbers (UINs) recorded in January, the highest monthly figure to date. The transition aligns Pakistan with international best practices, placing it among only eight countries globally to adopt such a system, as reported by Aaj TV.