Potential of Subbroking: Guide to Referral Programs and Partnerships
Understanding the differences between sub-brokers and authorized persons is crucial for anyone looking to engage in the financial markets. A sub-broker operates under a registered stockbroker, focusing on client acquisition and executing trades on their behalf without direct registration with the Securities and Exchange Board of India (SEBI). In contrast, an authorized person has a broader scope, often directly registered with SEBI, and can perform a wider range of functions, including placing orders and providing… Read More »Potential of Subbroking: Guide to Referral Programs and Partnerships