Frequently Asked Questions - FAQS
HOW TO START RELATION WITH FEM
By simply filing the Standard Account Opening Form and depositing the initial deposit amount
There is no minimum or maximum amount
PROCEDURE OF PLACING OF TRADE ORDER
Call the respective Trader on the specific designated telephone lines and place the Order.FEM will ensure that your margin is available
Within 24 hours of the execution of Order, the sale/buy confirmation will be deliver
ELECTRONICALLY TRADE WITH FEM ?
RESEARCH REPORT FROM FEM?
WHAT IS THE PROCEDURE TO CONVERT PHYSICAL SHARES INTO CDC SHARES?
As per the requirement, he physical shares should be in the name of Account holder.FEM will receive physical shares along with verified transfer deeds and after makingnecessary entries into CDS will deposit them to the RTA.
APPLICABLE RULES AND REGULATION PERTAINING TO TRADES
You can find it on the website of PSX, SECP, CDC and NCCPL
WHAT ARE SHARES?
Shares represent ownership in a company.
EXECUTION OF TRADE AT STOCK MARKET
Pakistan Stock Exchange is an electronic market where shares and securities of listed
companies are traded through TREC holders.
FEE OF FEM
FEM rates are highly competitive and vary from client to client. The commission slab is
annexed with the SAOF
SETTLEMENT PERIOD AT PSX
Settlement of shares and securities is on the basis of T+2, i.e. trade will realize in trade
date plus 2 business working days.
WHAT IS CAPITAL GAINS TAX (“CGT”) ?
As per the Income Tax Ordinance 2001, The National Clearing Company of Pakistan
Limited (“NCCPL”) is responsible to calculate and deducted/ charge the tax and deposit
into the Government treasury. It is calculated based on the profit /loss from buying and
selling of shares. The Calculation of CGT amount is based on the methodology used by
NCCPL which is available on their website. You can get all CGT related information at
http://www.nccpl.com.pk/services/gct.php or you can contact NCCPL Customer Support
Helpdesk at 0800-23275.
CAPITAL VALUE TAX (CVT)
CVT is charge at the prevailing rate on all the purchases
WHAT IS SINDH SALES TAX (SST)?
SST is charge at the prevailing rate on the commission amount. It more like an indirect
COMPLAIN AND QUERY?
Complain and query?
Contact if respective Trader and if the matter is still not resolved, feel free to contact at