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Application Download

http://kits.psx.com.pk/

.NET Framework 2.0
Windows Installer
User Manual

How to disable or turn off UAC (User Account Control) in Windows 7?

  Introduction to Self Trade

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How to disable or turn off UAC (User Account Control) in Windows 7?

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OSL also facilitates its clients (after prior arrangement) with easy, accessible and real time equity trading option via Internet through Server Based System. All clients have equal right of using our on-line system. Through our on-line trading system one is able to trade at his home, office or anywhere in the world.

  • Globally accessible Client Application via Internet.
  • Live Market Quotes.
  • Depth of Market for each Symbol giving MBO (Market by Order), MBP (Market by Price).
  • Live Intraday & History charts and Price History for each Symbol.
  • Instant execution of orders via OMS Gateway of PSX.
  • Online reports regarding outstanding orders, executed trades, live Margin and Portfolio valuation etc.
  • Confidentiality on all customer transactions.

  Download Procedure

Vtrade Trading Application requires .NET Framework & Windows 3.1 Installer to be installed on your computer.

Login procedure

Change Password
First Password is generated by our system. Client is advised to change it on first login
Change Pin
First Pin code is generated by our system. Client is advised to change it on first login.

Common terms used on trading screen

Although the terms used in trading screen are self explanatory yet for benefit of client the same are explained as under;

i) Market The type of trade in which the share falls
ii) Symbol It represents unique short name assigned to the company by PSX
iii) Flag “Spot” written in this column indicates that Book Closure Date for determination of entitlement of Dividend / Bonus is close.
iv) Change Last traded price is more or less than close of the previous day
v) Buy Vol. It indicates the No. of shares somebody wants to buy
vi) Buy The rate at which somebody wants to buy.
vii) Sell The rate at which somebody wants to sell.
viii) Sell Vol. It indicates the No. of shares somebody wants to sell.
ix) Total Vol. No. of shares traded till particular time.
x) Last Vol. No of shares subject of last trade.
xi) Last Price The price at which last trade took place.
xii) Avg. Total value of share traded, divided by No. of shares traded.
xiii) High The highest rate at which the share traded.
xiv) Low The lowest rate at which the share traded.
xv) Prev. Close The rate at which the last trade took place on the previous day.
xvi) Trade Time The time at which the trade took place.
xvii) Dir It shows the direction of price: up words or down words.

Order placement

Top line of the screen contains two icons, one to open Buy window (F4) and the other to open Sell window (F5). By single click, of the two, the window of choice gets generated. Client is required to fill this window giving the symbol of the Company, No. of shares to be sold or bought, the rate at which the share is desired to be sold / bought. The client enters his Pin Code and submits the order for execution through system of PSX. If the rate is matching it gets executed in no time. If it is a limit order it gets queued. The order keeps valid till the end of the trading session.

To cancel the queued order client has to press F6. List of Outstanding Orders appears on the screen. Client has to select the order to be canceled. As soon as the order is selected “Cancel Orders” gets activated. By pressing the said button the selected order gets cancelled. The executed orders get settled and cleared in the same manner as in case of manual trade.

Risk factor

There is inherent risk in trading in securities. All the time innumerable factors continue affecting the market. The investor needs to be aware of this fact. How ever some times “system outages and failures” at client end, our end or PSX end may also disturb and generate error affecting trade(s). The client needs to be clear in his mind that we do not take any responsibility for any loss suffered by the client in such a “force majure” situation. The client how ever is advised to report such a situation to OSL in writing, with in 24 hours. The client is also advised immediately, to get in contact with our staff so that the situation may be handled manually with out any loss of time. You are aware that we are equipped with KATS (Karachi Automated Trading System) at our head office. In such an emergency among other things, request for cancellation of pending orders should be client’s first priority.

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