



The AKD Securities sales and trading team of over 40 professionals is the leading broker in the Pakistani equity markets, with approximately 20% of the trading volume on the Karachi Stock Exchange. AKD's blue chip client base includes all of the major local and international institutions active in the Pakistani markets, as well as a large number of high net worth individuals.
AKD has an unparalleled execution ability for large block trades in Pakistani stocks. This has helped AKD earn an outstanding reputation among such clients as Merill Lynch, Credit Lyonnais Securities Asia, Crosby Securities, Kleinwort Benson, Morgan Stanley Asset Management, Crescent Investment Bank, Investment Corporation of Pakistan and the National Investment Trust.
In light of its expanding role in the issuance of Term Finance Certificates, AKD is assembling Pakistan's first dedicated TFC desk. The desk's team of sales and trading personnel will focus exclusively on TFC investors and will be an integral part of AKD's continuous efforts to provide superior service to its clients.
AKD plans to introduce comprehensive equity research coverage of the Pakistani market in the near future through a joint venture with a leading international house.