PACRANK
REVIEW DETAILS : Shin Nihon Securities
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What is PACRANK?
PACJOBS
List
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Shin
Nihon 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 Jan. 1998, has made for a good 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
Shin Nihon Securities can offer a good service in Japan with local
and foreign expertise. |
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COMPARITIVE
COST PER TRADE
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Internet orders are 9,250 yen per limit order, and
9,250 yen per market order. Telephone orders are 16,350 yen per limit
order, and 16,350 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.
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. FAQs cover many customer enquiries very
thoroughly. Telephone support is offered in Japanese via toll-free
support center. ( Not open 24hours currently ) |
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Overnight balances cover: Money Market Funds, Money Reserved Funds,
TSE Listed Stocks, OTC Stocks, Medium Term Japanese Government Securities,
Convertible Stocks Investment Funds ( 5 Items ). |
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All rights reserved by Pacifica K.K. March 2000
Designed by ARCH ANGEL
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