Numerous
benefits accrue when you avail of the services of a stock broker. Investors,
traders, businesses all can earn money as far as managing their money is
concerned. They are termed as regulated professionals.
benefits accrue when you avail of the services of a stock broker. Investors,
traders, businesses all can earn money as far as managing their money is
concerned. They are termed as regulated professionals.
A stock
broker provides you valuable advice, on how to grow, manage and even maintain
your money. They have undergone training in this and have access to the best
piece of professional by seasoned and experienced minds in this line of
business. They also execute or place orders on behalf of their clients. Not only
equities, but they can purchase bonds, commodities along with other security
types. The best stock brokers in India deal with a lot of financial instruments.
broker provides you valuable advice, on how to grow, manage and even maintain
your money. They have undergone training in this and have access to the best
piece of professional by seasoned and experienced minds in this line of
business. They also execute or place orders on behalf of their clients. Not only
equities, but they can purchase bonds, commodities along with other security
types. The best stock brokers in India deal with a lot of financial instruments.
Record keeping and other features:
Another
major benefit of a stock broker is record keeping. They do keep a record of
monthly statements, commission structure, withdrawals, and deposits along with
other activities that emerged in the last few years.
major benefit of a stock broker is record keeping. They do keep a record of
monthly statements, commission structure, withdrawals, and deposits along with
other activities that emerged in the last few years.
The inexperienced
stock brokers have a lot to learn from the seasoned campaigners in this line of
business. With a stockbroker they can provide vital insights and educate a
client about the pros along with cons of various types of investment vehicles.
stock brokers have a lot to learn from the seasoned campaigners in this line of
business. With a stockbroker they can provide vital insights and educate a
client about the pros along with cons of various types of investment vehicles.
The moment a
client has any form of conflict or issues with a stock broker, he can take it
up with the firm where a stock broker is employed. Trust me no complaint would
go unanswered and a quick and timely resolution is the best response.
client has any form of conflict or issues with a stock broker, he can take it
up with the firm where a stock broker is employed. Trust me no complaint would
go unanswered and a quick and timely resolution is the best response.
The working module of a stockbroker
during the course of a day
A stock
broker has the necessary licenses and is authorized to conduct business on your
behalf. Most of brokerage firms are expected to avail of new licenses. During
the course of a day, a stock broker is expected to arrive half an hour before
the market opens. They are going to ensure that all the trades were executed
during the previous day and figure out whether any problems have to be
addressed. This is followed by addressing the reports of various sales managers
during the course of the day.
broker has the necessary licenses and is authorized to conduct business on your
behalf. Most of brokerage firms are expected to avail of new licenses. During
the course of a day, a stock broker is expected to arrive half an hour before
the market opens. They are going to ensure that all the trades were executed
during the previous day and figure out whether any problems have to be
addressed. This is followed by addressing the reports of various sales managers
during the course of the day.
They’re entire
day is spent on addressing the phone calls of the clients and figuring out
potential buying or selling opportunities. They also have to discuss their
investment opportunities with potential clients. Even the portfolio strategies
have to be addressed. If a trade is dealt they have to address the issue of
ticket size
day is spent on addressing the phone calls of the clients and figuring out
potential buying or selling opportunities. They also have to discuss their
investment opportunities with potential clients. Even the portfolio strategies
have to be addressed. If a trade is dealt they have to address the issue of
ticket size
Once the
market closes the stock broker is still in the office to make cold calls to
their prospective clients. They are going to check out their trade tickets
daily to ensure nothing has been overbooked. An error on their part can lead to
major losses as in any case they are being born by a stock broker.
market closes the stock broker is still in the office to make cold calls to
their prospective clients. They are going to check out their trade tickets
daily to ensure nothing has been overbooked. An error on their part can lead to
major losses as in any case they are being born by a stock broker.
The success
of a stock broker evolves down to their own efforts. Some of them even have to
entertain their clients after office hours. There are many who work on weekends
so as to entertain their clients. A value-added service is provided to the
clients.
of a stock broker evolves down to their own efforts. Some of them even have to
entertain their clients after office hours. There are many who work on weekends
so as to entertain their clients. A value-added service is provided to the
clients.
