How to open stock broking services venture

How to open stock broking services venture 

Many people who are about to start their own business career dream to become an entrepreneur. 

Stock brokerage business, also known as trading is the process in a particular price and it is in a self-specific price, where you buy the shares, whereby you can earn or lose money. Share basically refers to a joint-stock company in the smallest unit of ownership. This gives you a right, the company have a say in the management. Share transactions involving the purchase and sale of shares on a stock exchange. In India, the share mainly from the two stock exchanges: NSE BSE Bombay Stock Exchange and the country's stock exchange. In addition to these two stock exchanges, India has more than 22 other stock exchange in the country. Through an intermediary, the transaction may take place on the phone, or even online. Public limited company (PLC) in India, the Company issued public shares. 

Online stock brokerage services are also called "online stock trading" has revolutionized the stock market trading. Transaction faster, more convenient, more convenient than ever. Need a middleman, the broker has been eliminated. Many companies offer online trading activity facilities (through the company's web portal). 

Brokerage companies deal wit 

H shares share transaction or transactions in India. 

Hot Stock brokerage firm in India include: 

Indiabulls 

Religare online 

ICICIdirect 

Geojit Securities 

Angel broking 

Reliance Credits 

Sharekhan 

As an entrepreneur, you need a lot of determination, hard work and leadership qualities. Many times, many investors in the Indian stock market can take advantage of this, turning entrepreneurship. Through a variety of ways, in the Indian stock market mutual funds, bonds, corporate bonds, commodities plans, stocks, insurance, etc., investors can spread their investment choices, thereby enhancing opportunities for higher returns. 

Open the A-share brokerage business franchise is a dream that many entrepreneurs have. If you are those who are interested in mastering the Indian stock market to become stock brokers, you will need to follow these steps: 

1) Gain Experience: working in this industry, you will gain knowledge and understanding of the system. Sometimes you may win or lose money; which in turn can to your customers or investors play an important role. Gain experience in managing your own stock brokerage business in the future will develop a cutting edge. Even the work of another stockbroker, even read the nature of the stock market online, you can gain experience. Usually a two-year experience is required in a stock brokerage firm or securities or financial services related fields 

2) Registered Broker: Broker entrepreneurship, before you start your own share, you need registered stock broker. You will need to pass a series of tests to become registered brokers, and through them all. You will need a registered stock broker with SEBI. 

3) Fill your business: your company / companies must be registered before you think to enter the stock broker business. This is so that your company is a recognized government and other stock exchanges. If you are a registered broker, in your own work process is usually simple, but if you have a partner or other employees, you will have to have an office. 

4) determine the provision of stock broking services, you think: Once you have registered agent and your business registration, you need to make sure that you will be on your type of service provided by the company. Some brokers offer a wide range of financial products, such as derivatives, bonds, stocks or insurance. You may need to provide investment strategies, investment advice or research and analysis within the department. In addition, there are also brokers simply execute transactions do not provide any investment advice and other services, which charge lower fees. You need to decide what kind of service or service stockbroking services combined company will provide. 

5) Make sure you have adequate infrastructure: SEBI - India's Securities and Exchange Commission regularly assess whether you have all the necessary infrastructure, such as the required office space, manpower, equipment, etc., before considering your application service stockbroking business. If you choose an online stock broker, you will need a very reliable online stock trading platform.