Who can sign up for KASB Direct?

Any Pakistani individual who wishes to trade on the Karachi Stock Exchange can sign up for KASB Direct.

How can I sign up for KASB Direct?

You can download our Account Opening Form from our website www.kasbdirect.com. Our forms are also available at KASB Direct Office and at all branches of KASB Bank Ltd and KASB Securities Ltd

Can I trade electronically with KASB Direct?

Yes, if you are signed up for KASB Direct and have received a user ID and password from us. Please note that after signing up for KASB Direct, you can place trades only online.

What is an Internet trading account?

An Internet trading account is a special type of account designed specifically for individual investors who prefer to use the Internet to place their orders themselves rather than through a broker by telephone.

How is this different from dealing with a broker?

When using KASB Direct Software you are in total control of your transaction. You can view real-time market activity. A single keystroke or click of a mouse executes a buy or sell order. Also when the order has been completed you will receive instant confirmation of your trade via email.

Are the market quotes real-time or delayed?

The market quotes and order placement quotes are real-time for KASB Direct clients.

Can I get KASB Research with this service?

Yes. You will be able to receive and download KASB's Research on KASB Direct through its website www.kasbdirect.com.

Is account information on KASB Direct secure?

Absolutely! When you visit the KASB Direct site and provide your ID and password your session is encrypted at the X-bit secure level - even if your browser is a Y-bit browser.

Can My account be refused to be opened?

Yes, KASB Direct reserves the right to refuse any account without assigning any reason.

Where do I send my initial deposit?

You may send your cheque / Pay order/DD in favor of "KASB Securities Limited-online account" by mail or drop it personally at KASB Direct office or at any branch of KASB Bank Ltd. or KASB Securities Ltd. Cash is only acceptable at KASB Bank branches.

KASB Direct
9th Floor, Trade Centre
I.I. Chundrigar Road,
Karachi
Pakistan

Is an e-mail address necessary to open an account with KASB Direct?

Absolutely. All trade confirmations, margin calls, and other correspondence will be sent to your e-mail address which you provide us.

What are the minimum system requirements?

Pentium III 800MHz
Windows 2000 Professional or Windows XP
40 GB Hard Drive
256 MB RAM
56 kbps Modem
Any ISP can be used

Is there a registration fee or annual fee for members?

No there is no such fee.

When can I start placing orders?

Once the account has been opened and the funds have been received, your account will be activated and you will be able to place an order yourself.

What is the minimum amount required for opening an account?

Minimum amount required to setup an account is Rs.100,000.

Will I receive any tips from the KASB Direct personnel?

No. KASB Direct personnel are not authorized or obligated to offer any tips to our clients.