HOW TO START RELATION WITH FEM

By simply filing the Standard Account Opening Form and depositing the initial deposit amount

MINIMUM 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

EXECUTIONS TRADE

Within 24 hours of the execution of Order, the sale/buy confirmation will be deliver

ELECTRONICALLY TRADE WITH FEM ?

No

RESEARCH REPORT FROM FEM?

No

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 tax

COMPLAIN AND QUERY?

Complain and query? Contact if respective Trader and if the matter is still not resolved, feel free to contact at following;
021-35672815-18
info@firstequitymodaraba.com.pk