Investing in KSE-100 index

bravoguy

Well-known member
Mar 30, 2009
1,161
4
43
43
Karachi, Pakistan.
Get your self register / open a sub - account with any brokerage house and start online trading in stocks :) sub account can be open with a minimum amuont of 25K or equivalent shares.....
 

devnull

Well-known member
Dec 31, 2009
1,735
0
41
Karachi
Get your self register / open a sub - account with any brokerage house and start online trading in stocks :) sub account can be open with a minimum amuont of 25K or equivalent shares.....
What if you want to buy and hold and not actively trade? Do you have to get an online trading account for that or are paper share certificates still used?

Another thing what documentation do you need to provide when opening an account? Do they ask for proof of income?
 

Pink PanthEr

Keep Hope Alive
Jul 6, 2010
956
0
21
Islamabad

Pink PanthEr

Keep Hope Alive
Jul 6, 2010
956
0
21
Islamabad
What if you want to buy and hold and not actively trade? Do you have to get an online trading account for that or are paper share certificates still used?

Another thing what documentation do you need to provide when opening an account? Do they ask for proof of income?
proof of income....i think they won't ask for it.
documentation.... 1- a bank account in any bank in pakistan 2-valid cnic 3- CDC Account

What if you want to buy and hold and not actively trade? Do you have to get an online trading account for that
No. (that is what i think)

or are paper share certificates still used?
dont know.
---------------------
other than that be careful .watch out for fake brokers.
 

bravoguy

Well-known member
Mar 30, 2009
1,161
4
43
43
Karachi, Pakistan.
Well Sub Accounts can be opened with any renouned Brokerage houses having good past track record and have good name in the market. It is mandatory thing for the one who wants to buy stocks. For investors who wants to buy stocks to gain dividends / bonuses can open their CDC Investors account in CDC (Central Depository Company) in that account you can deposit your shares only like you deposit your cash in Banks. You can not trade directly from CDC Investors account and for trading purpose you must open a sub-account.

Shares in electronic form can be traded anytime during business hours of KSE and if same are converted into Physical shares need to convert into CDCbefore trading.
 
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