L U X O R Securities (SMC–Pvt) Limited was incorporated as a Single Member Company on 6th May 2013 under Companies Ordinance 1984 with Registration No. 0083679.
It was inducted as a Corporate Member of the Karachi Stock Exchange on 7th May 2013. It was registered as Broker with SECP, Registration No. BRK–266.
Our Vision
To take full advantage of the spectrum of tremendous growth stability and positive results achieved in the Capital Market that now enjoys the confidence of both domestic and foreign investors and ability to mobilize capital as a basic building block for economic growth, where outlook has improved due to following measures and events:
Demutualization and integration of the stock exchanges into a single seamless nation–wide exchange the “Pakistan Stock Exchange” with an expanded market outreach through a single national trading platform for equity and debt securities, whose ultimate beneficiaries are savers and investors as well as companies, intermediaries and entrepreneurs.
Pakistan’s reclassification to MSCI, Emerging Market Index (MSCI–EM) from MSCI Frontier Market Index (MSCI–FM), which is tracked by equity global funds worth over US$ 1.5 trillion whereby we as a humble player like others visualize new capital inflows which will increase liquidity, free float of shares and volumes in the capital markets, and also put our local market in the international limelight.
Enhanced investor protection due to a focused reform agenda by our apex and frontline regulators (Securities Act 2015, Futures Market Act 2016, Joint Inspection Regime for brokers, Code of Corporate Governance) that centre on greater transparency, risk management and investor protection, whose success is evidenced by an increase in KSE–100 Index from 5865 points in 2008 soaring to 45,000 points in 2016, and surge in market Capitalization of PSX from US$ 23 billion in 2008 to US$ 723 billion by June 30, 2016.
Our Mission
To work with a focused vision and mission, professionalism and highest standards of compliance and ethics to elicit greater investor’s confidence and hence their participation in the capital market through the automated, online trade mechanisms of securities transfers.
To increase customer base and volume base and provide top–class services to local and foreign investors.
To put Investors First in processing transactions and developing an inclusive and sustained client base.
To see that full fair value is received for all investors in every transaction. Become a top line example for brokerage firms.
To provide best book–building for new listings.
Provide finance and investment advisory services to its existing and prospective clients.
To see that full fair value is received for all investors in every transaction. Become a top line example for brokerage firms.
To provide best book–building for new listings.
Provide finance and investment advisory services to its existing and prospective clients.
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