Services

Our Services

 Shares Trading

“Habib Ullah Sheikh (Pvt.) Limited” equity brooking is client focused.

With office in Lahore, our equities professionals can conveniently provide customers the widest possible range of ideas and services. Our sales traders are experienced professionals, helping customers identify market and stock trends by being on top of the information flow, backed by efficient and timely execution and settlement.

Transaction Types & Settlement Procedure

T + 2 or Regular Transaction
Habib Ullah Sheikh (Pvt.) Ltd. offers regular transactions to its clients through the Pakistan Stock Exchange. Clients can buy any stock by depositing 100% cash and can acquire the delivery of the shares in his/her CDC sub account.

In T+2 settlement system, transaction is settled on second day following the day of trade. If the client is unable to deposit the net required cash balance by last day of the settlement, his/her positions are squared automatically. Regular transactions are generally operated through cash accounts in which the amount deposited by the Account Holder is fully used. This means that the Account Holder can only buy shares equal to the funds deposited by him/her with the broker.

Transactions are settled on the second working day following the trade day through the centralized clearing-house. The clearing-house advises the financial obligations of each member/firm based on the transactions in various markets for the notified clearing period. It thereon issues instructions for payment and delivery of shares from and to the various members of the clearing house.