Abbasi Company

Abbasi Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Abbasi Company, formally known as Abbasi and Company (Pvt) Ltd, was founded in 1960. It has established itself as a leading brokerage house in Pakistan, specializing in financial services and investment solutions.

Parent Company/Ownership Structure

Abbasi Company operates as a private limited company, which means it is owned by its shareholders and does not publicly trade its shares. The company has developed a solid reputation in the financial services sector, particularly in brokerage and trading.

Headquarters Location

The headquarters of Abbasi Company is located in Lahore, Punjab, Pakistan. The specific address is 6 Shadman, near China Chowk, Lahore.

Global Business Scope

While Abbasi Company primarily serves domestic clients, it has also catered to international investors, particularly through its online trading platform. This allows clients to trade in various financial markets, including the Pakistan Stock Exchange (PSX) and the Pakistan Mercantile Exchange (PMEX).

Main Regulatory Bodies

Abbasi Company is regulated by the Securities and Exchange Commission of Pakistan (SECP) and is a member of the Pakistan Stock Exchange (PSX) and the Pakistan Mercantile Exchange (PMEX). These regulatory bodies ensure compliance with national financial laws and provide oversight to protect investors.

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2. Company History and Development

Key Milestones

• 1960: Abbasi Company was established, marking its entry into the brokerage industry.
• 2000s: The company expanded its services to include online trading platforms, allowing clients to trade from anywhere.
• 2015: Abbasi Company became a universal member of the Pakistan Mercantile Exchange, enhancing its trading capabilities.

Business Expansion Journey

Over the years, Abbasi Company has significantly expanded its operations, introducing various financial products and services to meet the evolving needs of its clients. The company has invested in technology to enhance its trading platforms, making it easier for clients to access markets.

Customer Base Growth

Abbasi Company has witnessed steady growth in its customer base, attracting both retail and institutional clients. Its reputation for providing reliable and secure trading services has contributed to this growth.

Platform Development History

The company has continuously improved its online trading platform, incorporating user-friendly features and advanced trading tools. This development has allowed clients to execute trades efficiently and access real-time market data.

Important Awards or Recognitions Received

Abbasi Company has received recognition within the financial community for its commitment to excellence in brokerage services. Specific awards may vary, but the company is often noted for its customer service and technological advancements.

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3. Trading Services Offered

Forex Trading Options

Abbasi Company offers a variety of forex trading options, including numerous currency pairs that allow clients to engage in the foreign exchange market. The exact number of currency pairs offered may vary, but it typically includes major, minor, and exotic pairs.

Stock Trading Options

Clients can trade shares listed on the Pakistan Stock Exchange (PSX) through Abbasi Company. The brokerage provides access to a wide range of equities across various sectors, enabling clients to build diversified investment portfolios.

CFD Trading Products

Abbasi Company also provides Contracts for Difference (CFDs), allowing clients to speculate on price movements of various financial instruments without owning the underlying assets. This includes options in equities, indices, and commodities.

Other Financial Instruments

• Cryptocurrencies: Abbasi Company may offer trading options in popular cryptocurrencies, allowing clients to invest in digital assets.
• Commodities: Clients can trade in various commodities, including gold, silver, and crude oil, providing opportunities to hedge against inflation and diversify their portfolios.

Special Services or Unique Advantages

Abbasi Company prides itself on its user-friendly online trading platform, which offers advanced trading tools, real-time market data, and comprehensive research reports. The brokerage's commitment to providing personalized customer service further enhances the trading experience for its clients.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Abbasi Company is regulated by:

• Securities and Exchange Commission of Pakistan (SECP)
• Pakistan Stock Exchange (PSX)
• Pakistan Mercantile Exchange (PMEX)

These regulatory bodies oversee the company's operations, ensuring compliance with national laws and protecting investor interests.

Legal Entity Structure by Region

As a private limited company operating in Pakistan, Abbasi Company adheres to the legal framework established for financial institutions in the country. Its operations are primarily concentrated within Pakistan, although it caters to international clients through its online services.

Client Fund Protection Measures

Abbasi Company employs various measures to protect client funds, including segregated accounts for client deposits, ensuring that client funds are kept separate from the company's operational funds. This provides an additional layer of security for investors.

Countries/Regions Served

While primarily serving clients in Pakistan, Abbasi Company also caters to international investors, particularly those interested in investing in the Pakistan Stock Exchange and other local markets.

Compliance History

Abbasi Company maintains a strong compliance record, regularly undergoing audits and assessments by regulatory bodies to ensure adherence to financial regulations. This commitment to compliance fosters trust among its clients.

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5. Competitive Landscape

3-5 Main Competitors

1. HBL - Habib Bank Limited
2. Pak Libya Holding Company (Pvt) Ltd
3. Evergreen Investments
4. Topline Securities Ltd
5. UBL Fund Managers

Positioning in the Industry

Abbasi Company positions itself as a reputable brokerage house known for its commitment to customer service and technological innovation. Its focus on providing a secure and efficient trading environment helps differentiate it from competitors.

Market Differentiation Factors

Abbasi Company differentiates itself through its user-friendly online trading platform, comprehensive research and advisory services, and a strong commitment to client education. These factors contribute to its reputation as a trusted partner for investors in Pakistan.

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In conclusion, Abbasi Company (Pvt) Ltd stands out in the financial services industry as a leading brokerage house in Pakistan, offering a wide range of trading services and maintaining a strong commitment to regulatory compliance and customer satisfaction. With a rich history and a focus on technological advancement, Abbasi Company continues to evolve and adapt to the needs of its clients, ensuring a secure and efficient trading experience.

For more information about Abbasi Company and its services, learn more here.