About Us

Company Mission

Our purpose is to provide a full range of capital market related products and services to individual and institutional clients. We aim to achieve this goal by setting industry standards for integrity, personalized service, efficiency and innovation. At Taurus we put our belief in quality into practice: we are one of the few Pakistani equity broking firms to have obtained an internationally recognized, an international standard for quality management systems

Company Vision

To invest in quality Human Resource ensuring the company is the preferred Brokerage House in the industry renowned for its integrity, expertise and quality of Client Experience.

Company Information

  • Taurus Securities Limited (TSL) is an unlisted public limited company established in January, 1994
  • A subsidiary of the National Bank of Pakistan (NBP), Pakistan’s largest Commercial Bank, owned by the Government of Pakistan. NBP is the 2nd largest bank in Pakistan
  • Our other shareholders include the Bank of Khyber and the Saudi-Pak Industrial and Agricultural Investment Company (Pvt.) Ltd.
  • Taurus Securities Limited is registered with the Securities and Exchange Commission of Pakistan to provide securities brokerage services.
  • TREC Holder of the Pakistan Stock Exchange (PSX) – NTN number is 1019725-7 – SECP Registration number is K-04677
  • Main activities are Equity brokerage and Investment Research


Our activities encompass the following areas:

  • Equity Sales and Brokerage
  • Equity Investment Research
  • Financial and Economic research
  • Credit analysis and credit rating reports
  • Project Feasibilities
  • Sector/Industry analysis
  • Debt instrument analysis
  • Debt issue book-building
  • Investment portfolio advice
  • Due diligence and Valuation for Buy-outs, Mergers, Acquisitions
  • Varied consultancy assignments

In terms of market share, Taurus is ranked high in the top tier of Pakistan equity brokers.

We have our Corporate Headquarters at Karachi, and a branch office in Peshawar through which we provide our clients with trading access to the PSX.

Company Information – Urdu

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Management Profile

Syed Zain Hussain – Chief Executive Officer

Zain has over 25 years of experience in Equity Brokerage with reputable institutions. He has been associated with a large DFI in the initial part of his career, managing their Capital Markets. He has over 15 years of experience in senior management positions where he has been able to improve efficiency, growing revenues, maintaining organizational consistency; thereby protecting capital, and growing Return on Equity for Taurus. He has played a key role in establishing long-term institutional relationships and implementing effective risk management systems, enabling the Company to be a pioneer in implementing automated risk management systems.

He remained instrumental in developing a sole relationship with HSBC Securities for routing of foreign fund flows in the domestic market through the Company and also remained actively involved in the launching of one of the most efficient, 24-hour, fastest growing Online Trading and Research Platforms in Pakistan.

Muhammad Asif – Chief Operating Officer

Mr. Muhammad Asif is the Chief Operating Officer (COO) at Taurus Securities. He holds a Bachelors degree in Commerce from Karachi University (KU) and has over 28 years of work experience in stock brokering. He has been associated with Taurus Securities for more than 21 years. He is responsible for the overall functions of the Institutional Sales Division. MrAsif’s innate sense of market timing, reading of market direction and execution expertise in all kinds of market conditions has earned the confidence of the largest institutional investors in the market.

Syed Waqar-ul-Hassan – Chief Financial Officer and Company Secretary

Mr. Waqar-ul-Hassan is serving as the Chief Financial Officer and Company Secretary. He is a member of Institute of Corporate Secretaries of Pakistan. He also holds an MBA degree in Finance and Accounting. He has over 18 years of work experience and has been associated with TSL for last 15 years. He is responsible for financial functions and secretarial works of the Company.

Mr. Mustafa Mustansir- Head of Research

Mr. Mustafa Mustansir is arguably the finest Banking Analyst in Pakistan, bringing with him a depth of expertise. He is Certified in Accounting & Finance (CAF) from the Institute of Chartered Accountants of Pakistan, and is a First Division Bachelor of Commerce from the University of Karachi. Mustafa also holds a Merit Class Graduate Diploma in Finance from the London School of Economics and Political Science majoring in Securities Analysis, Valuation and Economics. Mustafa has been associated with Taurus since 2017, and prior to joining Taurus, he worked at A.F.Ferguson& Co. Chartered Accountants (a member firm of the PwC network) in Karachi for 3.5 years, in the assurance department performing multiple assurance and specialized engagements at several top and mid-tier banks in Pakistan.

Associated Companies

Holding Company


Associated Companies

CJSC Subsidiary Bank of NBP in Kazakhstan
CJSC Subsidiary Bank of NBP in Tajikistan
NBP Exchange Company Limited, Pakistan
National Bank Modaraba Management Company Limited
Note : As per regulation, the Subsidiaries & Associated Companies of NBP and BOK are also Associated undertakings of the Company as disclosed in their financial statements.

Company’s Rating

VIS Credit Rating Co. Ltd

Long-term A / Short-term A-2 & Broker Management Rating ‘BMR2+’

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Corporate / Registered Office 

1 Syed Zain Hussain Corporate / Registered Office Room # 604, 6th Floor, Progressive Plaza, Beaumont Road, Karachi.
2 Muhammad Nasir PSX Office Room # 618, 6th Floor, Stock Exchange Building, Stock Exchange Road, Karachi.
3 Muhammad Tawab Peshawar 2nd Floor, State Life Building, 34-The Mall, Peshawar Cantt, Peshawar

Contact us:

For service or account queries contact Customer Services

By phone at:

Karachi: (021) 111 – Taurus (111 – 82 – 87 – 87) Ext. 220, Direct: (0213)5684962
Peshawar: (091) 5273895 & (091) 5273600

By e-mail at:

Karachi: csonline@taurus.com.pk

By fax at:

Karachi: (0213) 5686279
Peshawar: (091) 5270063

By mail at:

Customer Support Services
Taurus Securities Limited
Suite 604, 6th Floor
Progressive Plaza
Beaumont Road
Karachi 75530


Taurus Securities Limited
2nd Floor, State Life Building
24, The Mall

For feedback or queries on our website please contact:

csonline@taurus.com.pk or fill out our client feedback form

For SECP Online complaint lodge:


For PSX Online complaint lodge:


We will get back to you as soon as possible

Our Services

The first step towards investing in the stock market is finding the right stockbroker. Choosing the right broker is often the difference between investing success and failure. To justify his or her commission, your broker must help you profit from opportunities while guarding against market risks. Therefore, while choosing your broker, we recommend that you look for the following qualities:

In-depth research

Market timing

Volatile emerging stock markets are often driven by a herd instinct, with investors stampeding in or out at the same time.

Quality research provides investors the ability to anticipate market trends, get a reasonable sense of companies’ earnings expectations through rigorous and fact-based investment research, well in advance, and thus stay ahead of the herd.

Your broker should have a record of successfully forecasting such trends. Macro-economic forecasting, technical analysis capability and early market intelligence are essential requirements.

Stock selection

Along with market timing, stock selection is a key part of the investment process. A broker must be able to identify stocks that are under-priced and under-valued relative to other stocks and the market in general – basically, search out stocks that the rest of the market has overlooked. This is achieved through incisive, original fundamental analysis of individual sectors and companies. Select a broker with a top quality research team covering all major sectors and stocks.

Quality research underpins all of Taurus’ principal activities.

Timely research publications

We regularly update our clients on macroeconomic, stock market and sector trends through our daily briefings and other periodical research publications. Clients are also provided with timely recommendations on individual stock prospects. Our research advice is based on a continuous and detailed evaluation of economic indicators, industry and company specific information.

Our research advice is available to all our clients free of cost.

Technology and information systems

Apart from a core team of in-house professionals, our research facility includes our best in-the-industry Analysts and an invaluable Research Analytics Tab (Taurus Analytics portal) on the Trade-cast or Taurus Tick mobile application. Both are easily accessible to Clients.

Consultancy services

Taurus also provides research and consultancy services in areas such as finance, industry, trade, macro and micro economic policies.

Efficient execution

Once your order has been placed, you would wish to ensure that your broker executes it efficiently. By that we mean buying or selling the quantity you want at the best possible price. Efficient execution requires a combination of sharp dealing skills, market intelligence and a large diversified client network. The last is a key quality to look for in a broker: a widespread client network allows a broker to quickly cross match client orders in illiquid stocks.

Large client base

Taurus’ brokerage services cater to local institutional clients such as Mutual Funds, Unit Trusts, Insurance Companies, Brokerage Firms, and High Net Worth Individuals, including smaller Individual Retail Clients. We have established ourselves as a premier brokerage house in the Pakistan market on the strength of swift and transparent execution capabilities and an unrivalled ability to match large and difficult cross trades.


Brokers are often faced with conflicts of interest between their own trading positions and their clients’ orders. Thus trading integrity is vital if you are to receive the best possible prices from your broker. Taurus does not have a proprietary book. As such there is no conflict of interest. Choose a broker with a market reputation for integrity. Choose a broker with a market reputation for integrity.

Client confidence is our key concern

At Taurus, we recognize that client confidence is the foundation of our business. We apply rigorous internal procedures to avoid potential conflicts of interest, and ensure that our actions are always underlined by transparency.

Adequate capital backing

Brokers often deal with clients on a delivery versus payment basis. This means that if you buy (sell) shares you will make a payment (deliver shares) first and receive shares (payment) later. You are thus exposed to a settlement risk. Make sure that your broker has an adequate capital base and shareholder backing to protect you against settlement risks. In addition to our equity capital, we have the backing of the substantial financial resources of our sponsoring institutions.

Quality of human resources

The success of a financial services company rests on the quality of its people. To deliver the quality of service that you as a client are entitled to, a broker must employ the best human resources available. At Taurus you will be cared for by a team of experienced, dedicated professionals, with a commitment to excel at what we do. We recognize that ours is a service industry, where technical excellence alone is not enough. Each one of us at Taurus, therefore, works at building long-term relationships, based on winning the trust, confidence and loyalty of our clients.


You can keep round the clock track of your equity investments through us with our comprehensive online account statements. These statements, always just a click away, are available to all our offline trading clients. To access them you only need your user ID and password, or you may always callor email CS Online for your account details.

Account data is updated on the following day of the transaction. However, the stock quotes used to value market positions may be delayed by up to 20 minutes. Whenever you wish you can view the following standard set of statements:

Account Balance

  • Available cash balance
  • Proceeds/(cost) of current transaction(s)
  • Portfolio value at market prices

Account Portfolio

Your total current stock holdings with Taurus including:

  • Stock name
  • Total quantity
  • Current market price
  • Current value

Account Positions

Your long trading positions and performance including:

    • Stock name
    • Total quantity
    • Cost price
    • Current market price
    • Unrealized gain/(loss) at current market price

Account History

A complete statement of account that records all the cash movements through your account as of the statement date: inflows from cash deposits, stock sales, payments for stock purchases and cash withdrawals.

Transaction History

This transaction history report, is a ledger account that lists the details of all your trades over the report period, broken down by purchases and sales. All the above reports can be viewed online, and downloaded/printed for your soft/hard copy records. In addition to the above, you can always contact us for further account details and history whenever you wish.

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