AKD Trade: Difference between revisions
Content deleted Content added
←Created page with 'AKD Trade is Pakistan’s first Online Trading platform. It enables investors to trade at the Karachi Stock Exchange using their PCs from anywhere at any time. A...' |
prot expired 13:00, 14 May 2014 |
||
| (17 intermediate revisions by 7 users not shown) | |||
| Line 1: | Line 1: | ||
#REDIRECT [[AKD Group]] |
|||
AKD Trade is Pakistan’s first Online Trading platform. It enables investors to trade at the Karachi Stock Exchange using their PCs from anywhere at any time. AKD Trade started operations in 2002. It is a division of AKD Securities, Pakistan's stock brokerage firm. Both are part of AKD Group, owned by Aqeel Karim Dhedhi. |
|||
==Online Trading== |
|||
AKD Trade has brought the Stock Market to the computer screen of the investor, enabling order placement at the Stock Exchange with utmost ease. This initiative has helped in strengthening the capital markets of Pakistan. <ref> http://www.akdtrade.com/</ref> System includes mobile trading, SMS trading and a number of value-added tools required to access all the necessary information essential for trading stocks. <ref. http://www.thenews.com.pk/Todays-News-3-8912-AKD-launches-new-stock-trading-software The News</ref><ref> http://www.outsourceage.com/d/Akd/akdTrade.html</ref> |
|||
==AKD Group== |
|||
The AKD Group is a major drive in Pakistan's real property market with investment in residential and commercial property business projects. AKD Capital was one of the 1st two companies to have been awarded Real property business Investment Trust (REITs) license.<ref>[http://www.akdcapital.com/]</ref> AKD Group also has interests in several sectors including fabrics, telecom & engineering etc. In addition, AKD Group is a partner with [[Port of Singapore Authority]] (PSA) to set-up a [[Free Trade Zone]] (FTZ) in [[Gwadar]]. <ref>[http://www.akdcapital.com/]</ref><ref>http://www.outsourceage.com/d/Akd/aboutAKDg.html</ref><ref>[http://www.akdsecurities.net/about-akd.aspx]</ref> |
|||
===Stock Exchange Insider Trading=== |
|||
AKD was investigated for insider trading in KSE. Despite of critical economic conditions, Stock market has shown growth in these phases, termed as black money invested through broker firms. AKD Group and AKD are under investigation for this insider trading along with many other businesses tycoons.<ref>http://www.lhrtimes.com/2013/10/05/black-money-insider-trading-fueling-rise-of-karachi-stocks-amid-bloodshed-201065/</ref><ref> The Independent http://www.independent.co.uk/news/world/asia/is-black-money-fuelling-the-rise-of-karachis-stocks-8859804.html </ref> |
|||
===Investigation by SECP for SSGC share manipulation=== |
|||
Dhedhi was also accused of Insider trading for SSGC shares. SECP reported that share price of SSGC jumped from 13.5 rupees to 20 rupees, its biggest hike in five years. Dhedhi was under investigation but he mentioned that SECP has cleared him. There is no evidence found. <ref>Lahore Time http://www.lhrtimes.com/2013/04/10/pakistans-booming-market-no-black-and-white-matter-160454/ </ref><ref> The Reuters http://www.reuters.com/article/2013/04/09/pakistan-stockmarket-idUSL3N0CW7B220130409 </ref> |
|||
==References== |
|||
{{reflist}} |
|||
Latest revision as of 10:20, 20 July 2014
Redirect to: