want to know about remisership

hitesh

Active Member
#2
A Remisier is an agent of a broker, who gets brokerage / commission from the broker for introducing / referring clients to the broker.

Remisier is registered with the stock exchange, through broker with whom he wish to work.

He functions like a subbroker but he is not authorised to issue a Contract Note/Confirmation Note/bills. Broker remains an authorised person and can issue all the contracts and offical confirmation.
 
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