Saturday 30 July 2016

Pakistan’s E- Trading Scale

Trade involves relocation of ownership of different services and goods. At the present age trade is famed specially due to online trading. Online trading or businesses follows the paths which are directed to achieve the goals to reach the height of success. And for this here step in E-trading which is a technique of securities of trading, monetary offshoot or foreign exchange. It is a technology which is used to fetch the sellers as well as buyers to create implicit market values.

In Pakistan there are many investors like companies, dealers, wholesalers, manufacturers for which durable buy and hold is the paramount strategy. Technology of Pakistan enabled the investors to trade to make them better off and to enter the markets. In Pakistan there are many electronic systems which let the investors to jump in the market directly. E-trading includes electronic means like fax machines, ATM, computers, smart phones, etc. By E-trading one can do online banking, book tickets for air travelling or share trading these are the examples of E-commerce which is conveying up to date advancement in Pakistan.

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Most of the companies, merchants, manufacturers or brokers are moving towards digital world which explores that there is a scope of E-trading in Pakistan. According to the research 84% of unions or organizations are having account on internet. Statistical survey divulges that 59% of unions or organizations are having merchant supported net server and 67% of the unions or organizations are having homepages.

As Pakistan is still a developing country so E-trading is a source to strengthen up the economy of Pakistan as it reduces the transaction cost, it increases the efficiency, it also lowers the prices and it enhances the international demand of Pakistan. It also creates development in trade with domestic market research and international market research.

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