Thursday 29th June 2017

Account Opening


Built over four decades, JS Group is one of Pakistan's most diversified and progressive financial services groups.

JS GlobalOnline is offering simple and easy ways to help you open an account with us.

You can download the Account Opening Form now, print it, and after filling the necessary details, return it to any of the branches of JS Global Capital Limited and JS Bank. We can send you the Account Opening Form by courier as well. You can just send us a request at customercare@js.com describing your preference, and details will be forwarded to you at your mailing address.

  • You will need to either bring or mail the following documents along with the Account Opening Form to any of the branches of JS Global or JS Bank:


  • Attested copy of Computerized NIC of the Account Holder
  • Attested copies of Computerized NIC of the Nominee and two Witnesses
  • Attested copies of passport(s) of the Account Holder and/or Nominee (in case of non-residents)
  • A cheque in Favor of “JS Global Capital Limited – Online Trading”

  • Account Opening Balance


  • Basic Account: Rs. 25,000/-
  • Trader Assisted Account: Rs. 100,000/-
  • Student Account: Rs. 10,000/- ( copy of a Valid student ID Card Required)

JS GlobalOnline offers trading in the Ready and Futures markets of Pakistan Stock Exchange. We offer investment trading in the Ready Market against 100% cash while Futures Market trading is against 30% collateral of cash and shares.

JS GlobalOnline has been the in forefront of providing ethical trading practices and applies initial, maintenance and other applicable margins as per the requirement of the Pakistan Stock Exchange.All your trading activity will be conducted through our highly customized risk management system. An automated trade confirmation will be emailed to your registered email address at the end of each trading session. Margin trading policy allows trading against 30% margin which is controlled by the automated risk system and you will receive a margin call if this level is breached through market fluctuations. As per PSX regulations, you will need to deposit additional cash or shares within one business day to top up your margin requirements as per company policy. Failure to deposit additional funds may constrain JS Global to liquidate your open positions without further notice.



Once we receive the Account Opening form, one of our Customer Care Representatives will contact you for further details.

Once you signup with JS GlobalOnline you will get your user id/password sent to your registered email address allowing you free access to:

1. Trading Terminal (Desktop Application)
2. Web Interface
3. Mobile terminal(Android or IOS)

If you have any other query, please feel free to contact us at customercare@js.com or call at our Customer Care Center 111-574-111.

Technical Requirements for Online Trading

JS GlobalOnline provides a state-of-the-art online trading facility to its customers whereby all trading orders placed by our customers are routed to Pakistan Stock Exchange through FIX (Financial Information Exchange) protocol. In addition to real time trade confirmations through the trading terminal, you are also sent a Trade Confirmation email at the end of each trading session.

Minimum System Requirements:
  • Pentium IV
  • Windows (XP/ WINDOWS 7/ VISTA)
  • 40 GB Hard Drive
  • 1 GB RAM
  • 2.A good quality connection through an Internet Service Provider (ISP) preferably Broadband which will allow you to connect promptly.

Pakistan Stock Exchange Timmings are:


Monday to Thursday:
Pre Open 9:15 – 9:30
Open9:30 – 3:30
Friday:

First Session:
Pre Open 9:00 – 9:15
Open9:15 – 12:00
Second Session:
Pre Open 2:15 – 2:30
Open2:30 – 4:30

If you face any problems in logging to our trading terminals for order placement or order cancellation for any reason including system downtime, you may call our Customer Care helpline on +92 21 111-574-111 or 0800 57424 or email us at customercare@js.com.


Trading


Once you have opened an account with us, you will receive a secured User ID and Password that will allow you to access, trade online, and view trading details of your account any time not only from your system but also from your smart phone (Android & Black Berry). We ensure that your account information will remain completely secure as we are using VeriSign Security Certificate.

All the market quotes and order placement quotes are real-time.

With your JS GlobalOnline Account, you will not only be able to access real time information and execute orders on your own, but you can also download JS Global's Research data that can help you make better investment decisions.

All securities listed and tradable in Pakistan Stock Exchange can be viewed through your JS GlobalOnline Account. You can trade in the Ready and Futures Market currently.

The proceeds from your online stock trading activities will be deposited in your online trading account until the time you request a cash withdrawal through the JS GlobalOnline site. However, the minimum cash balance in the account should remain Rs.25,000/- at all times.

Orders are usually placed and confirmed within a second under standard market conditions. However, the time may vary depending upon the market conditions, the size of the order or the type of order being placed, etc.


Physical Shares Handling


Physical shares are acceptable at JS GlobalOnline. You can deposit your physical shares along with verified transfer deeds at any of the branches of JS Global or JS Bank. JS Global will transfer these shares into CDC tradable shares through the Central Depository Comany of Pakistan (CDC).

Physical Share Conversion into CDC - 1 paisa/share

You must keep at-least required margin against your outstanding exposure for the purpose of trading in your account. This margin may be kept in the form of cash and securities (at the reduced value).