CDC Welcomes JS Global Capital to RAAST Aggregator

The Central Depository Company of Pakistan Limited (CDC) has added JS Global Capital Ltd. to its RAAST Aggregator platform, enabling investors to make secure, real-time digital fund transfers.

A formal signing ceremony took place at CDC House where CDC CEO Badiuddin Akber and JS Global CEO Muhammad Khalil Usmani signed the agreement. The integration is expected to enhance transparency and efficiency in the capital market by digitising payment flows.

Under the framework, CDC assigns each investor sub-account a unique RAAST Investment ID in IBAN format. Once registered as a beneficiary in the investor’s bank, funds are transferred directly into the broker’s client account within minutes, giving investors faster access to trading capital.

Speaking at the event, Mr. Akber said the step reflects CDC’s commitment to digital transformation: “By making fund transfers instant, secure, and more convenient, we are helping investors trade with greater confidence and efficiency.”

Mr. Usmani termed the initiative an important development for investor trust, noting that quicker settlements can boost market activity. The move underscores growing adoption of digital financial infrastructure in Pakistan’s capital markets, in line with the State Bank’s push for RAAST.