Shajarpak Securities (Private) Limited is part of the emerging ShajarpakBusiness House, which has business interests ranging from Textiles to Steel. The Group owns brands such as the prestigious Pasha Fabrics and holds exclusive distribution rights of the Tuwariqi Steel Mills in Pakistan. Born out of the vision of the legendary, KhawajaAmanullah, the Shajarpak Group entered the textile business over three decades ago and since then there has been no looking back. Shajarpak Securities was started with a vision to change the financial services landscape of the country for the better. The management felt that there was real need for trustworthy, professional and efficient financial services and therefore acquired a Trade Entitlement Certificate (TREC) of the Pakistan Stock Exchange to launch a brokerage house and embark upon the vision of building a financial services brand, the likes of which have not been witnessed in the country.
The company acquired the TREC (#054) of MTM Securities (Pvt.) Limited and has retained a professional staff of dedicated Equity Sales Team and robust IT, Settlement and Accounts Departments. The company launched its operations in February 2014, after necessary regulatory requirements were met including the grant of a Certificate of Broker Registration (#BRK-165) from the Securities and Exchange Commission of Pakistan (SECP). The company is also a Broker Clearing Member of the National Clearing Company of Pakistan (NCCPL). The company has acquired a state-of-the-art Oracle based Trading and Back Office software with customized reporting, Online and Web trading, Email and SMS modules which will provide clients with an enriched, and efficient experience.
The management believes it will also help it to manage operations more effectively and mitigate risk more efficiently. With a strong emphasis on developing tools to provide clients' the right material and products to make a well informed investment decision and at the same time to raise investor's awareness of the domestic and global capital markets, macro-economic indicators and variables of the country, the management has also embarked upon the development an in-house research department. We believe that in today's world, it's imperative to develop a strong IT presence to allow clients to make intelligent investment decisions and trades from their personal computers and the comfort of their offices or homes. For this purpose, the online and web trading modules have been acquired and will become operational in the near future. Furthermore, the company will also launch its mobile trading application for clients to execute trades on their smart phones or tablets; work on this has also begun.
Rest assured, the management of Shajarpak Securities (Pvt.) Limited is working with a vision for improvement of the client experience and will continue to bring about innovative products and helpful research to provide its client the finest experience there is, in the capital markets of the country. Stay tuned for exciting new products and further development!