Hi all,
I am reading all the threads in traderji since I have been trading the markets but never posted a thread, this is my first thread.
I have :sos::sos:2 years experience in trading the stock markets and I am now interested in opening a franchise.
I have gone through the requirements that a sub broker needs (NCFM in both capital and derivative markets). But I am having some doubts.
Being a sub broker can we trade in the Stock Markets with our own money?
Can we have positions either in Futures or stocks?
Being a sub broker can we have our own Wealth Management Company as part of other business?
Is there is any ACT/ LAW (as per SEBI) that a Sub broker cannot have his own Wealth Management Company?
If anyone has information regarding this please reply for this thread.
I am reading all the threads in traderji since I have been trading the markets but never posted a thread, this is my first thread.
I have :sos::sos:2 years experience in trading the stock markets and I am now interested in opening a franchise.
I have gone through the requirements that a sub broker needs (NCFM in both capital and derivative markets). But I am having some doubts.
Being a sub broker can we trade in the Stock Markets with our own money?
Can we have positions either in Futures or stocks?
Being a sub broker can we have our own Wealth Management Company as part of other business?
Is there is any ACT/ LAW (as per SEBI) that a Sub broker cannot have his own Wealth Management Company?
If anyone has information regarding this please reply for this thread.