KTrade Securities Recognized As Top Broker In New UINs At CDC Awards

KTrade Securities has been recognized as one of the top brokers in New UINs Opened under the Central Depository Company’s Asaan Connect Rewards programme, receiving the distinction at the Top Brokers Awards for fiscal year 2026. A Unique Identification Number, or UIN, is the identifier CDC assigns to investors when they open an account to participate in Pakistan’s capital markets, making the number of new UINs opened a direct measure of how many new investors a brokerage has brought into the formal market over a given period.

The Asaan Connect Rewards programme is run by CDC as part of its broader push to simplify and expand access to capital market participation in Pakistan, encouraging brokerages to onboard new investors through streamlined digital account opening processes. Recognizing brokers specifically for new UINs opened ties the award directly to investor acquisition and market expansion, rather than trading volumes or other performance metrics that brokerages are more commonly measured against.

For KTrade, the recognition adds to a year in which the brokerage has been visibly active in expanding retail participation in Pakistan’s stock market, including its recent partnership with easypaisa that allowed users of the digital bank’s app to open a KTrade PSX investment account within minutes through a fully digital process. That partnership was credited with driving the highest single-day volume of investment account onboarding in PSX history at the time, and the CDC recognition suggests that momentum carried through into KTrade’s broader new-UIN performance over the course of the fiscal year.

KTrade thanked its clients, partners, and team for contributing to the recognition, without disclosing the specific number of new UINs opened during the fiscal year or where the brokerage ranked relative to other recognized firms in the category. No further details were shared on the full list of award categories or other brokerages recognized at the Top Brokers Awards FY2026 event.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.

Hot this week

Pakistan Future Of Retail Summit 2026 To Bring Industry Leaders Together In Lahore

Pakistan Future of Retail Summit 2026 will feature retail leaders, fintech executives and industry experts discussing digital payments, retail regulations, manufacturing collaboration and the future of organised retail.

FAST-NUCES Opens Enrolments For Certified Fintech Practitioner Program Cohort 2 In Karachi

FAST-NUCES Karachi opens enrolments for Cohort 2 of its Certified Fintech Practitioner Program, offering professional training in fintech, digital banking and finance from December 2026.

Binance Plans To Restore All Crypto Withdrawals After $6.3 Billion Security Breach

Binance aims to restore withdrawals across all remaining networks and assets by next week after a $6.3 billion cryptocurrency theft linked to North Korean hackers.

Islamabad to Become Pakistan’s First Cashless City by December 31, 2026 

Pakistan plans to transform Islamabad into its first fully cashless city by December 31, with digital payments becoming mandatory across government departments and businesses.

Pakistan Launches Virtual Assets Alliance to Promote Crypto Investor Protection and Market Transparency 

The Virtual Assets Alliance of Pakistan (VAAP) has been formally established to promote investor protection, cybersecurity awareness and transparency in the country's cryptocurrency market. The alliance plans to improve industry data collection, support independent research and encourage cooperation between crypto businesses and local institutions.

Topics

Pakistan Future Of Retail Summit 2026 To Bring Industry Leaders Together In Lahore

Pakistan Future of Retail Summit 2026 will feature retail leaders, fintech executives and industry experts discussing digital payments, retail regulations, manufacturing collaboration and the future of organised retail.

FAST-NUCES Opens Enrolments For Certified Fintech Practitioner Program Cohort 2 In Karachi

FAST-NUCES Karachi opens enrolments for Cohort 2 of its Certified Fintech Practitioner Program, offering professional training in fintech, digital banking and finance from December 2026.

Binance Plans To Restore All Crypto Withdrawals After $6.3 Billion Security Breach

Binance aims to restore withdrawals across all remaining networks and assets by next week after a $6.3 billion cryptocurrency theft linked to North Korean hackers.

Islamabad to Become Pakistan’s First Cashless City by December 31, 2026 

Pakistan plans to transform Islamabad into its first fully cashless city by December 31, with digital payments becoming mandatory across government departments and businesses.

Pakistan Launches Virtual Assets Alliance to Promote Crypto Investor Protection and Market Transparency 

The Virtual Assets Alliance of Pakistan (VAAP) has been formally established to promote investor protection, cybersecurity awareness and transparency in the country's cryptocurrency market. The alliance plans to improve industry data collection, support independent research and encourage cooperation between crypto businesses and local institutions.

Faysal Bank and SBP BSC Promote Accessible Digital Banking for Persons with Disabilities 

Faysal Bank Limited and the State Bank of Pakistan Banking Services Corporation organised a financial literacy awareness session for persons with disabilities in Gujranwala. The initiative included digital banking demonstrations, on-the-spot account opening, free digital healthcare services through Oladoc and basic medical check-ups.

Upwork Freelancers Can Now Withdraw Earnings Directly to NayaPay Wallets in Pakistan

NayaPay has introduced a direct withdrawal option for Upwork freelancers, allowing users to transfer their platform earnings straight into their NayaPay wallets. The integration provides a new digital payment route for Pakistani freelancers to access their international earnings.

PSW and Alibaba.com Launch Digital Trade Data Confirmation Service for Pakistani Exporters 

Pakistan Single Window (PSW) and Alibaba.com have signed an agreement to introduce a digital Trade Data Confirmation Service aimed at strengthening trust in international e-commerce and supporting Pakistani exporters. The initiative will use API-based integration to independently confirm export declarations without transferring underlying trade data.
spot_img

Related Articles

Popular Categories