A sub-broker is the intermediary between the investor and the stock exchange. The main role of a sub-broker is to assist them and help them gain a client base. In return, the sub-broker gets a certain cut.
Authorised Person
•4 min read
•by Angel One
A sub-broker is the intermediary between the investor and the stock exchange. The main role of a sub-broker is to assist them and help them gain a client base. In return, the sub-broker gets a certain cut.