What is the difference between authorised person and remiser

Can any one tell me difference between authorised person and remiser and the way to distribute sub brokeraeg in nse trading without registring as a subbroker

Hi Ssuhas,

If i am not wrong then I think : A remisier is an agent of a broker and is registered with the stock exchange. However he is not authorised to issue a Contract Note/Confirmation Note. An authorised person is a Broker registered under a Stock Exchange and can issue all the contracts and offical confirmation.

A way to distribute sub brokeraeg in nse trading without registring as a subbroker

If you can elaborate this question a little bit more please.

Warm regards
RZen

See I want to give the brokerage to the person who has introduce the client for me out of the brokerage that i have earned from that client.

One of the way to distribute the brokerage is to appoint him as a sub broker but i dont want to appoint him as a sub broker then is there any way to give him brokerage

I am talking about the brokerage related to NSE Transaction


Thanks for showing the interest