Question:

Share the Trading Details to open KSE account.

by Guest3282  |  12 years, 9 month(s) ago

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I want someone to share some requirements of trading details to open a trading account in Karachi stock exchange.

 Tags: account, details, KSE, share, Trading

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  1. Guest2193
    Capital Adequacy Requirements: (only for Broker clearing member)
    *Net Capital Balance for Trade in listed TFCs is Rs. 25 million
    *Capital adequacy is 10 times of Net Capital Balance for Brokers
    Trading: Trading is undisclosed
    Collateral: The collateral shall be accepted in the form of cash or cash equivalents
    (T-bills up-to 90 days) and/or bank guarantees by AA rated banks & DFIs
    Margins: No Pre-trade margins are required; NCC shall collect margins on posttrade
    basis
    Clearing and Settlement: Via NCCPL on T+1 basis

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