online_trading

online trading ONLINE TRADING What is trading? Trading is the 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 the most successful trading and nowadays it has become more simple, fast and secure trading after converting the offline trading into online trading. What is Online trading? Online trading is the trading securities done via the internet. It is firstly introduced in Pakistan by a Software house "APPLICATION ACCESS PRIVATE LIMITED" and it is made possible by making the 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 the transaction are settled electronically. The settlement time is T+O, which means that any sale or purchase is settled on the trade data itself. How online trading is procced? For doing online trading, one has to be the member first and for becoming the member he has to connect the website because it online trading and then he can download the registration form and if he wants some help and information so he could contact by the helpline no. Afterwards his duty is only to connect the website and start trading and all of the trading means profit and loss is infront of him. Before applying the online trading it was very difficult because the member had to go to the 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 the member and its share but not now. How online trading website works? Besides the website there is one BACK OFFICE SOFTWARE which checks all of the information of the member, checks the transcition and proceses the requriments of member and these all things are done on the server side ands shows that the member either receive profit or gain accordint to the market position. Advantages: Its first and main advantage whish is shown clearly that before online trading the member had to go the share market for checking which consumed a lot of time but after applying online trading all of the members information and his share information is just far away one click and it has made trading much simple, easy and attractive. attractive in this sense that before peoples scared for share trading because they didnot feel secure themslves but you know that online trading is much secure because all of the trading is done at your home PC. Due to all of these advantages it is clear that the trading in pakistan is spreading like fire due to all of its advantages. Future: Future of online trading is seen by that many companies which was the most successful companies in offline trading but they are totally converting their tradiing into online in which LIVE SECURITIES FAWAD YOUSUF KASB(KHADIM ALI SHAH BUKHARI) There are also many companies which are upcoming in which ARIF HABIB CLICK TRADE ECL(EASTREN COMPANY LIMITED) WRITTEN BY: MUHAMMAD SOHAIL BSSE 2nd SEMESTER (KU) 0300-2664212 About the author: student of KU BS SND SEMESTER