Before talking about Angel Broking sub brokers let us tell the readers who a sub broker actually is. A sub broker is a professional who does not have trading membership at any Stock exchange, but is allowed to act on behalf of a company or individual with trading membership. These people either play the role of agents or assist investors in dealing with the process of investment as representative of the trading members they (the investors) are working with.
As a result of being the number one brokerage firm of India and having membership in both the Bombay Stock Exchange and National Stock Exchange, Angel Broking is represented by a huge pool of experienced and qualified sub brokers. Angel makes sure that every sub broker representing them has Certificate of registration from Securities and Exchange Board of India, which is more commonly referred to as SEBI. Having this certification is extremely important for every sub broker as without it these professionals are not allowed to supply securities.
SEBI has announced that Trading Members should never work with a sub broker who has not registered himself/herself at SEBI. Angel always abides by this ruling. As a result, Angel never needs to worry about possibilities like a client acting as a sub broker or someone not related to Angel in any capacity calling himself/herself an Angel sub broker.
SEBI also requires every trading member to sign an agreement with each of its sub brokers. Angel never falters to obey this rule. This way, the company ensures that all the responsibilities and rights it has as a trading member as well as the responsibilities and rights of its sub brokers are laid properly.
Even after all these, if you have any question regarding any Angel sub broker, you can contact Angel Broking directly by visiting your nearest branch of the company or calling their centralized help desk.
As a result of being the number one brokerage firm of India and having membership in both the Bombay Stock Exchange and National Stock Exchange, Angel Broking is represented by a huge pool of experienced and qualified sub brokers. Angel makes sure that every sub broker representing them has Certificate of registration from Securities and Exchange Board of India, which is more commonly referred to as SEBI. Having this certification is extremely important for every sub broker as without it these professionals are not allowed to supply securities.
SEBI also requires every trading member to sign an agreement with each of its sub brokers. Angel never falters to obey this rule. This way, the company ensures that all the responsibilities and rights it has as a trading member as well as the responsibilities and rights of its sub brokers are laid properly.
Even after all these, if you have any question regarding any Angel sub broker, you can contact Angel Broking directly by visiting your nearest branch of the company or calling their centralized help desk.
No comments:
Post a Comment