ONLINE TRADINGWhat is trading?
Trading is
process of selling and buying for profit. For profit any commodity is bought at a lower process and sold at a higher prices. And this sort of trading is done by stock of any country/city. It is all about share trading where any company or individual person try to make its bussiness strong and wide. Share trading is considered one of
most successful trading and nowadays it has become more simple, fast and secure trading after converting
offline trading into online trading.
What is Online trading?
Online trading is
trading securities done via
internet. It is firstly introduced in Pakistan by a Software house "APPLICATION ACCESS PRIVATE LIMITED" and it is made possible by making
memmber AKD (AQEEL KARIM DADDY). It is introduced in NOV 20002. its innaugration was held on 1st NOV 2002 on SHERATON hotel. It was presided by "SHAUKAT AZIZ".
It is done via internet means that all
transaction are settled electronically. The settlement time is T+O, which means that any sale or purchase is settled on
trade data itself.
How online trading is procced?
For doing online trading, one has to be
member first and for becoming
member he has to connect
website because it online trading and then he can download
registration form and if he wants some help and information so he could contact by
helpline no. Afterwards his duty is only to connect
website and start trading and all of
trading means profit and loss is infront of him.
Before applying
online trading it was very difficult because
member had to go to
share market for trading which consumed a lot of time and there was another thing that there should have had one person for trading between
member and its share but not now.