Overview of ABM Securities
ABM Securities (Pvt) Limited is a stock brokerage firm that was incorporated in Pakistan in 2004. It is a subsidiary of ABM Group, a diversified conglomerate with interests in textiles, energy, and chemicals. Targeting both individuals and institutional clients, ABM Securities offers a wide range of services to its clients, including Equity trading, Debt trading, Investment banking, Asset management, Research and advisory. The firm has a strong presence in Pakistan and also serves clients in the Middle East and North America.
Regulation
ABM Securities is a member of the Pakistan Stock Exchange (PSX). The PSX is the only stock exchange in Pakistan, and it sets the rules and regulations that listed companies and brokerage firms must follow. However, ABM Securities is not regulated by any regulatory authority. Please be aware of the risk involved.
Pros and Cons
Pros:
Diversified Services - They offer a wide range of services beyond just stock trading. This can be a one-stop shop for investors with various needs, including investment banking, asset management, and research & advisory.
Large Clientele - They cater to both individual and institutional investors, offering a broader reach and potentially more diverse investment opportunities.
Cons:
Dependence on parent company - The firm's performance could be tied to the overall health of the ABM Group. If the group experiences financial difficulties, it could potentially impact ABM Securities' stability.
Unclear fee structure - Without readily available information about account opening fees, trading commissions, and other potential charges, it's difficult to compare ABM Securities' costs to other brokerage firms.
Limited Information Online - There is a lack of readily available information about ABM Securities' services, fees, trading platforms.
Services Offered
To provide on need basis, information whichever is available, which should not be construed, as financial or investment advice.
To provide the highest level of efficient service to both institutional and individual clients through diligence, and reliability.
To provide the necessary organization and support facilities to achieve these aims.
To safe-guard clients assets appropriately, in line with regulatory directions, and keep them updated efficiently, to promote the element of trust.
To assist clients in pursuing risk-averse investments, within their means.
Fees
Commissions
Equity Trading: 0.25% to buy, 0.25% to sell
Debt Trading: 0.10% to buy, 0.10% to sell
Investment Banking: Fees charged based on the size and complexity of the transaction
Asset Management: Management fee charged annually, typically 1% to 2%
Research and Advisory: Fees charged based on the nature and scope of the service
Other Fees
ABM Securities also offers the following discounts:
High-volume traders
Block traders
Institutional investors
For more information on ABM Securities' fees, please refer to the following resources:
ABM Securities website: https://abmsecurities-pk.com/client-login/
ABM Securities customer service: +92-42-3577-1111
Securities and Exchange Commission of Pakistan (SECP) website: https://www.secp.gov.pk/
Customer Support
The ABM Securities customer support team can provide assistance through the following channels :
Phone: 00924236310555-58
Email: abm_securities@hotmail.com
The ABM Securities customer support team is available from Monday to Friday: 9:00 AM to 5:00 PM (Pakistan Standard Time).
Conclusion
Overall, ABM Securities (Pvt) Limited is a Pakistani brokerage firm offering stock and bond trading, investment banking, and wealth management services, catering to both individual and institutional investors. While information online can be limited, ABM Securities appears to be a well-established player, but further research is recommended to compare fees and ensure their services align with your investment goals.
FSAQs
Q: What services does ABM Securities offer？
A: ABM Securities offers a variety of services including equity and debt trading, investment banking, asset management, research & advisory.
Q: What are the commissions for trading stocks and bonds？
A: ABM Securities charges 0.25% commission for buying and selling stocks and 0.10% for bonds.
Q: Does ABM Securities offer any discounts on commissions？
A: Yes, ABM Securities may offer discounts to high-volume traders, block traders, and institutional investors.
Q: How do I compare ABM Securities to other brokerage firms in Pakistan？
A: Consider factors like services offered, fees, minimum investment requirements, research & advisory capabilities, and customer support reviews when comparing firms.
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