SECP has licensed Tamkeen Technologies, making it Pakistan’s first fully #digital, online-only #securities broker. This marks a major shift in the country’s #capital markets, allowing investors to open accounts and trade entirely online without #physical paperwork or in-person visits.
The approval aligns with SECP’s vision to promote digital transformation and financial inclusion. By reducing barriers to entry, this move is expected to attract more retail #investors, enhance market #liquidity, and strengthen investor #confidence. Pakistan now joins global markets that have successfully adopted digital trading platforms, catering to tech-savvy #investors looking for seamless, cost-effective solutions.
Digital #brokerage models offer lower costs, automated compliance, and a wider reach. SECP has already licensed a digital asset management company and a digital life #insurance company, with a digital-only non-life insurer under review. These steps reflect a broader push toward a #modern, technology-driven financial #ecosystem.
This initiative #signals Pakistan’s growing commitment to #financial #innovation. With regulatory support, digital brokers like Tamkeen Securities could redefine how Pakistanis engage with #stock markets, making investing more accessible and efficient. The move also highlights SECP’s role in ensuring a secure, transparent, and investor-friendly #market.