Remisier In Broking Firm

Hi Traderji ,
Can You Guide Me For The Procedure For Remisier. What Are The Procedure I Have To Follow .
Is It Necessary To Pass Ncfm For Remisier In Bse?
Is It Nse Is Not Having System Of Appointing Remisier?
What Deposit & Infrastructure We Need To Start As Remisier?
Pls. Tell Me As Soon As Possible

Hi, Can you please give me datailed information about being a remiser. Terms & Conditions related to it?? Also brokerage structure....
Also Can u tell me is it possible to take remisership at home???
Waiting for ur reply...

Ssahil,

Remisser Doesn't Have To Do Much Except Get Client For The Broker
As A Remisser, All Trading Activities & All Related Operations Are Carried Out From Broker's Office & Their Staff.

If You Get The Necessary Dealer Certificates & have Enough Clients Then You Will Be Provided With Terminals & Etc.

Since You Are Using The Broker's Infrastructre...Sharing Is Usually A Little Less Than For A Sub-Broker, But It Will Also Depend On How Many Clients Or How Much Trading Turnover You Can Give The Broker...One Can Negotiate...The Sharing

SavantGarde

please inform remiser plans of various broker

There are no remiser plans as such with different brokers. The important aspect is the share of brokerage generated by clients introduced by you. It is more of negotiation rather than any fixed plan. Many brokers are happy to share upto 70% incase the generated brokerage volume is good ( subjective ). Besides being a remisier is not an easy job as sometimes if your client defaults your payout is held back or adjusted in case the client goes into pure debit and refuses to pay. I hope this will give you some idea about the process.

Hi Hitesh, Palash here
would want to know had you started as an remesier with any broking firm or doing anything else.