Summit Bank


Summit Capital (Private) LimitedGet Quotes
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Summit Capital > FAQs

  • FAQs

  • 1. How do I get started with Summit Capital (Pvt.) Ltd - (SCPL)?

    You can simply contact us through our hotline number 111-226-100 or our website or you can also visit us personally. Our equity dealer will guide you through the process.

  • 2. What types of services does Summit Capital (Pvt.) Ltd desk provide?

    We provide a complete package including first hand market information, high quality research and fast execution and settlement of transactions.

  • 3. Why should I choose Summit Capital (Pvt.) Ltd ?

    Summit Capital (Pvt.) Ltd as it ranks amongst the top brokerage houses in the industry. It has been in the market for over 10 years and has created goodwill for itself.

  • 4. Who is your typical client?

    Any individual/corporate willing to take exposure in the capital markets and wants to get first hand knowledge of Pakistan Stock Exchange.

  • 5. How can I purchase/sell investments?

    Once you open an account and entitlement is obtained, orders may also be placed over the telephone with the equity trader assigned for your service or through our Online Trading Terminal.

  • 6. When does an investment purchase need to be paid for?

    Orders will not be processed until your account has the necessary funds available to cover the order.

  • 7. After an investment sale, in how much time will I have access to the proceeds?

    Settlement policy in stock transactions is Trade Date plus 2 business days.

  • 8. What is the procedure to cancel pending orders during system failure?

    In case of IBTS System Failure due to any Reason, investors can always use our Call Center services to place, cancel, or inquire about their pending orders. Our Trade Officers can perform this on your behalf after your instructions. Investor can call us on our UAN 111-226-100 to avail Order Placement / Cancellation facility.

  • 9. How do you notify clients about their order executions?

    Customers may view their order status directly by logging on to their online trading accounts or we have this practice to send them the order confirmation email containing details about their executed transactions, at the day end.

  • 10. How are my orders processed and settled via internet?

    Your orders placed through the internet (via Trading Terminal or Assigned Traders) are received at our server and immediately sent to the PSX via Fix Protocol for further processing.

    If accepted, the order is queued for execution and upon successfully matching the rates of corresponding buyer/seller (as the case may be), it gets executed.

    Although transaction is done on real time basis but the delivery of the securities is received in your CDC Sub Account on the 2nd working day after the transaction has been executed (in case of buying) and vise versa in selling.

  • 11. What are the risks of securities trading?

    All the risks related to the securities trading have been appended in the SCPL Account Opening Form, which can be accessed by clicking on its hyperlink.

  • 12. How do I place/cancel my orders when I am unable to login into the software?

    In case, you are unable to place/cancel your orders via internet, you may still place your orders via UAN: 111-226-100

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