PACRANK
REVIEW DETAILS : Century Securities
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What is PACRANK?
PACJOBS
List
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Century
Securities is starting an online trading service in March, 2000, that
is one of the earliest for the industry. It has made for a good service
level for new and experienced Japanese online traders. Recently, China
Development Industrial Bank (CDIB) Venture Investment from Taiwan
has been became a capital investor in this promising company.
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There have been no initial systems problems since online trading began
under deregulation on October 1st, 2000. This service has proved that
Century Securities, with the help of Daiwa Securities Group Ltd.,
Brunei Investment Agency, and Daiichi Mutual Life Insurance can offer
a top-tier level of service in Japan with local and foreign expertise. |
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COMPARITIVE COST PER TRADE
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Internet orders are 2,500 yen per for both limit order
and market order. Telephone orders are 11,550 yen per for both limit
order and market order. These are fixed rates for orders up to 1,000,000
yen in value. |
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There is a strong sense of personal first time investor influence
in the current version. Easy to follow explanations are well organized.
The demo online is helpful in practicing new trading skills before
going live in the market. |
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CUSTOMER SUPPORT SERVICES
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There is the ability to register online quickly, without a long list
of preliminary questions. No toll-free service is currently available. |
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Overnight balances cover: TSE Listed Stocks, OTC Stocks, Money Market
Funds, Medium Term Japanese Government Securities. |
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All rights reserved by Pacifica K.K. March 2000
Designed by ARCH ANGEL
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