Unex Securities Private Limited

7/26/2019 Unex Securities Private Limited

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UNEX SecuritiesPrivate LimitedCorporate Member of Islamabad Stock

exchange

An Internship Report


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Preface:

This report is based on internship accomplished at UNEX SECURITIES (!T"#

$IMITE%&Corporate Member of Islamabad Stock Exchange from 'l) *+, -*.. to

/gst --, -*.."

The prpose of this report 0as to ha1e some professional experience and interaction

0ith the indstr)"

Internship of six 0eeks and report sbmission is essential part of corse 0ork as

directed b) %epartment of Commerce, Uni1ersit) of Sargodha"

The internship is essential for stdents before completing edcation as it gi1es

stdents an opportnit) to learn and anal)2e their 0eaknesses in std) and reali2es

that 0hat sort of challenges the) are going to face in professional life" So the) might

prepare themsel1es accordingl) before entering in to professional field"

Dedication:

Arsalan Ali Raja B.Com !ons" #thSemester$%&R


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DEDICATED TO:

3 M4 5/T6ER /N% M7T6ER

3 M4 8R7T6ERS /N% SISTER

3 M4 E$%ERS

3 /N% /$$ T67SE E7$E 967 $7!E ME"

9IT67UT T6E 8$ESSIN:S 75 /$$/6 /$MI:6T4 /N% R/4ERS 75 M4

5/MI$4 I C7U$% N7T /CC7M$IS6 T6IS '7URNE4"

Acknowledgment:



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Mostl) 6mbl), I express m) thanks to ALLAH ALI!HT", 0hose di1ine help

made me able to complete this report sccessfll) and has al0a)s blessed 0ith more

than 0hat I deser1e"

/fter this, I o0e m) gratitde to m) sper1isor for internship r# $a%aid I&'al

(Lect)rer* +ni%ersit, of -argodha. for his special gidance, otstanding cooperation,

fll in1ol1ement and technical spport dring internship 0ork"

I am reall) gratefl to m) respected r# -,ed )khtar H)ssain $affer, (%irector of

Islamabad Stock Exchange /nd CE7 7f Unex Secrities $imited&Corporate Member

of Islamabad Stock Exchange# and r# -,ed )ghees ehdi (%irector of Unex

Secrities $imited&Corporate Member of Islamabad Stock Exchange# for gi1ing me

opportnit) to 0ork and kind gidance dring m) Internship period"

I am thankfl to r# # # Hassan (8ranch Manager of 5irst National E;ities

$imited&Islamabad Stock Exchange# for gi1ing me chance to 0ork 0ith him and

special gidance dring m) internship period"

I o0e m) deepest gratitde to all respected teachers for their technical assistance

dring m) academic career at ni1ersit)"

I am reall) indebted to m) Class 5ello0s< r# Ali Ra/a -ahni* r# -,ed 0awwar

Hasnain -hah, r# )hammad 1o)man -a'ir and r# Ali Ra/a 2hatti for their

encoragement and cooperation dring m) internship"

I am also appreciati1e to r# )hammad Irfan(Sr" Clerk, %epartment of Commerce#

for his spport"

/RS/$/N /$I R/'/

Signature

E3ec)ti%e -)mmar,:



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Internship 0as applied at UNEX SECURITIES (!T"# $IMITE%&Corporate Member

of Islamabad Stock Exchange" /pplication 0as accepted for internship and internship

contined for se1en 0eeks i"e" from 'l) *+, -*.. to /gst --, -*.. against

ni1ersit)=s re;irement of six 0eeks"

9hole procedre of 0orking of UNEX SECURITIES (!T# $IMITE% 0as

nderstood and anal)2ed dring the 0ork nder sper1ision of %irector of UNEX

SECURITIES (!T# $IMITE%" This compan) is a 8rokerage 6ose for trading in

shares, bonds and secrities from Islamabad Stock Exchange"

IS$/M/8/% ST7C> EXC6/N:E 0as 1isited for a 0eek" 9orked in the

Secretariat of ISE to nderstand and obser1e 0orking of different departments present

in the Secretariat" /ssistant of ?%epartment of In1estor /ffairs@ briefed abot the sale

and prchase of shares, secrities, bonds and soft0ares sed to keep record of allaffairs related to clients"

/lso 0orked in the compan) named 5IRST N/TI7N/$ EAUITIES $IMITE% nder

sper1ision of 8ranch Manager on 0orking and nderstanding of the compan)"

5IRST N/TI7N/$ EAUITIES $IMITE% is also a 8rokerage 6ose sitated in

Islamabad Stock Exchange" The) sed to confirm orders from different clients and

companies for sale and prchase of shares etc"

5inall) 5inancial /nal)sis of Islamabad Stock Exchange 0as done based on pre1ios

annal reports" ISE is making progress gradall) in o1erall sense"

-TOC4 E5CHA1!E:



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?The Stock Exchange is a place 0here companies raise their capital b) issing the

shares@

Stock Exchange 0orks on open offers and bids 0hich reflect the existing flo0 ofsppl) and demand for the market"

71er .** )ears ago, brokers sed to shot to sale and b) shares of companies bt

no0 Market trading is more organi2ed" Compters are sed to b) and sale shares

instead of shoting"

-TOC4 E5CHA1!E- O6 PA4I-TA1:

Three stock exchanges are present in akistan namel) 1t" $td" and the contractors 0ere 6abib Rafi;

1t" $td" The constrction started in earl) -**H and the To0ers 0ere completed in

/pril -**D" It 0as inagrated b) rime Minister S)ed 4osf Ra2a :ilani on B. 'l)

-**D"

6ig)re7: I-E Tower in Islama'ad

Trading -,stem:

Initiall) an otcr) method of trading (a method of trading that ses 1erbal bids and

offers in the trading pits# in shares 0as adopted 0hich 0as replaced 0ith the

atomated trading s)stem (a compteri2ed s)stem for matching orders in secrities#

commonl) called ?ISE&CTS@ in .DDG" In the )ear -**-, ISECTS ga1e 0a) to

?U$TR/ TR/%E@ trading s)stem 0hich is not onl) 1er) efficient bt also has

extended trading capacit), internet trading fnctionalit)"

The compteri2ed trading s)stem has broght abot mch needed transparenc) in the

secrities trading" It has been designed in sch a 0a) to pro1ide atomatic matching

of bids and offers for exection prpose" /ll orders are treated in strict price and time

priorit), ths ensring a pre action market 0here no order is o1erlooked or traded

throgh" In this manner, the best trade is exected and passed on to the participants

0ithot hman interference" rinted confirmation and stats messages are

immediatel) recei1ed b) a member for each of his order"



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Remote Trading or Internet Trading has been implemented in ISE on -B 'ne -**B"

No0 8rokers can trade from an)0here in the 0orld sing remote trading soft0are of

ISE 0ith the same robstness as 0orking on the $/N"

-ettlement -,stem:

9hen ISE 0as established TJG settlement c)cle 0as sed for settlement of shares"

TJB 0as introdced in -**. 0hich has been replaced b) TJ- settlement c)cle in

/gst -**G to redce the o1erall settlement risk in the market"

em'er 8 2roker:

Crrentl) Islamabad Stock Exchange has .-* members against -** as allo0ed to the

exchange, in terms of /rticle B(a# of /rticles of /ssociation" 7f .-* members, -H are

indi1idal and D+ are corporate members"

Listed Companies:

There are -H. companies listed in Islamabad Stock Exchange at the moment"

6o0e1er, nmber of listed companies 1aries from time to time de to delisting,

mergers and defalt of companies"

Inde3es:

7n .st 'anar) -**+, ISE lanched its o0n capital 0eighted index 0hich is ISE&.*

index 0ith a base date of %ec B., -**- and a 1ale of .***" 8efore its lanch ISE 0as

sing index of >SE&.**" ISE also has a price 0eighted index called ISE Net0ork

Index 0hich 0as lanched on No1ember .DDH"

O%er%iew of the Organi/ation:

2rief Histor,:

+1E5 -EC+RITIE- PRI9ATE LIITED:

Unex Secrities (1t# $imited is the elected member of Islamabad stock exchange

since .DD- and 0as con1erted to a Corporate member from sole proprietorship on

/pril -G, -**H certified b) Islamabad Stock Exchange nder its Memorandm,

/rticles of /ssociation and sbFect to the rles and reglations of the exchange"



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The Secrities and Exchange Commission of akistan grants a certificate of

registration to Unex Secrities (1t# $imited member of the Islamabad Stock

Exchange as 8roker for carr)ing on the acti1ities of b)ing, selling or dealing in

secrities and carr)ing on sch other acti1ities"

The hose has been established for the condcting the bsiness of brokerage for

stocks and secrities and for rendering other related financial ser1ices in a

professional, efficient and reliable manner

+1E5 Office:

Room .*G, .stfloor ISE 8ilding,

.*.&E 5a2al&l&6a; Road, 8le /rea Islamabad

1at)re of the Organi/ation:

ission -tatements:

Firm known for its quality services with highest level of ethical and professional

standards and with a vision and assurance for investor to Invest with confidence

for prosperity

9ision -tatements:



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The ultimate aim is to be a leading and professional brokerage house.

6eat)res:

This section incldes the follo0ing items, 0hich is based on m) o0n perception"

." 5inancial ser1ices

-" /chie1ementsB" Cstomer Satisfaction

+" Moral !ales

"

Prod)ct Line:

These are the items 0hich are mainl) trades in ISE" It=s the prodcts that offered b)

the companies"

Shares

8onds

Secrities

Term 5inance Certificates

Achie%ements:

%ring the last fi1e )ears the progress of ISE remained best" /nd ndobtl) these

achie1ements restore the in1estors= confidence on ISE" /nd sch remarkable

achie1ements are6T/R 6USS/IN

'/55ER4 (%irector Islamabad stock exchange J Chief Execti1e Unex secrities p1t"

limited"#



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-" /nother core sorce of collecting information is from Mr" S4E% MU:6EES

ME6%I (%irector Unex Secrities 1t" $imited#"

B" /nother maFor sorce of information is Mr" M M 6assan (8ranch Manager 5irstNational E;ities $imited#"

+" E1alation of /nnal Reports of Islamabad Stock Exchange"

" 9ebsite of Islamabad Stock Exchange (000"ise"com"pk#"

H" Collection of information from Staff of 1arios departments of Islamabad Stock

Exchange"

Documents

Unex Securities Private Limited