PACRANK
REVIEW DETAILS : Meiko National Securities
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What is PACRANK?
PACJOBS
List
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Meiko
National Securities Online has built an online trading service for
Japan, that is one of the medium size company for the industry. It's
positioning of the site launched in April, 1998, has made for a high
quality service level for both new & experienced Japanese online traders. |
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There have been no initial systems problems since online trading began
under deregulation on October 1st, 1999. This service has proved that
Meiko National Securities, with the help of Sumitomo Bank Group and
Matsushita Group, can offer a top-tier level of service in Japan with
local expertise. |
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COMPARITIVE COST PER TRADE
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Internet orders are 5,750 yen per limit order, and
5,750 yen per market order. Telephone orders are 8,050 yen per limit
order, 8,050 yen for a 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.
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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. FAQs cover many customer enquiries very
thoroughly. Telephone support is offered in Japanese via toll-free
support center. ( Not 24hours ) |
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Overnight balances cover: Money Reserved Funds, Money Market Funds,
TSE Listed Stocks, OTC Stocks, Medium Term Japanese Government Securities,
Mini Stocks ( Small lots ), Convertible Stocks ( 22 items ) . |
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All rights reserved by Pacifica K.K. March 2000
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