PACRANK
REVIEW DETAILS : Tokai Maruman Securities
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What is PACRANK?
PACJOBS
List
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Tokai
Maruman Securities Online has built a top tier online trading service
for Japan, and is one of the earliest for the industry. It's positioning
of the site launched in Feb. 1998, has made for a good service level
for new and 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
Tokai Maruman Securities 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, and 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.
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. |
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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. |
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All rights reserved by Pacifica K.K. March 2000
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