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- #Pakistan stock exchange market watch manual#
- #Pakistan stock exchange market watch license#
PSX was established back on 11th January 2016 as a result of merger of Karachi, Lahore, and Islamabad stock markets. PSX is classified as a MSCI Emerging Market, where as the FTSE has categorized Pakistan Stock Exchange as the ‘Secondary Emerging Market ‘in May 2017. Most of trade and commerce of the country is carried out in these main cities of the country.
Deposit funds in your account through cheque.08 Jun, 2023 b>Pakistan Stock Exchange– is the key stock exchange of the country having trading floors in Islamabad, Karachi and Lahore. Open a Brokerage Account, CDC Sub Account and a CDC Investor Account. Select a brokerage firm that fits your requirement. Shortlist a number of registered and licensed brokerage firms based on your preferences. SEQUENCE OF STEPS TO START INVESTING IN STOCKS: There are several taxes and charges applicable on shares trading at PSX the basic ones are listed as follows:ĬGT (Capital Gains Tax), Brokerage Commission, and CVT etc. This allows you as an investor to trade by yourself on the Stock Exchange through the online application or software. Many brokerage firms offer Online Trading facility for its customers. These two organisations and the brokerage firms/ TREC holders form the major part of the ecosystem of PSX. The exchange of shares takes place through the CDC (Central Depository Company Limited). The shares purchased or sold are settled (payments made or received) through NCCPL (National Clearing Company of Pakistan Limited). SETTLEMENT OF TRANSACTIONS & STOCK MARKET ECOSYSTEM: Once you have decided which companies’ shares to buy, you should place your orders through your stock-broker (or through the online application provided by your brokerage firm)Īfter placing the order and execution of the same, you should get a Trade Confirmation against your executed order. You will also need to deposit initial funds to purchase shares. It is this number against which all your brokerage accounts and transactions will be recorded. You must make sure that you are assigned a Unique Identity Number (UIN). This account is opened at the CDC, thereby adding to greater safety and individual custody of your shares. You are also encouraged to open a CDC Investor Account. The CDC Sub Account is the account where your purchased shares will be placed. Subsequently you will open a CDC Sub Account. Read the terms & conditions prescribed in the Account Opening Form and make sure that they match with the Standard Account Opening Form available on the PSX website. You will be given a Client Identification Number or an Account Number against this account. You must ensure that the said Account is opened in your name. #Pakistan stock exchange market watch manual#
Correspondence Manual for Listed CompaniesĪfter the selection of your brokerage firm, you will open a Brokerage Account. Minimum Sustainable Development Goals (SDGs) for Listed Companies.
Marketing Activities Toolkit for Brokerage Firms. #Pakistan stock exchange market watch license#
Transfer of Rooms on Lease & License basis. Renewal of Securities Brokerage License from SECP. Application for Securities Brokerage License from SECP. Guidelines for Brokers’ Back-Office System Compliance.
List of Brokers facilitating Online Account Opening.Account Facilitation / Customer Help Center.Advantages & Features of becoming a TREC Holder.Suite of Corporate Services for Listed Companies.Guidebook- IPO Market Overview and Regulatory Initiatives.Centralized Customers Protection Compensation Fund (CCPF).Know your Rights – Information for Investors.SECP Guidelines for Shariah-Compliant Investing on Pakistan Stock Exchange.Learn More About Debt Securities Market Making.
Learn More About Equity Securities Market Making.