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who is a sub broker ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

A sub broker is intermediately channel of broker who serves the services of its broker to clients and gets some commission.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

A sub-broker acts on behalf of a stock broker as an agent or otherwise for assisting investors in buying,selling or dealing in securities through such brokers.He has to obtain a certificate of registration from the SEBI for acting as an agent.

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Data?1494421730 answered

Dear Friend > Sub - Broker A sub broker is intermediately channel of broker who serves the services of its broker to clients and gets some commission. Sub-Broker means any person not being a member of a stock exchange how acts on be half of a Stock broker has an agent or otherwise for assisting the investors in buying, Selling or dealing in securities through such stock broker. Thanks

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

SUB-BROKER A sub-broker acts on behalf of a stock broker as an agent or otherwise for assisting investors in buying,selling or dealing in securities through such brokers.He has to obtain a certificate of registration from the SEBI for acting as an agent. SEBI grants a registration of certificate to a sub-broker subject to some conditions. Thanks

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