HOW TO OPEN A FRANCHISEE BEING A STOCKBROKER???

DONE BY :

CHIRAG HARSORA TEJAS PUJARI FAISAL BANDOOKWALA AADIYA SHENDE SAURABH TAMBE

13 36 02 50 53

DEFINITION

Stockbrokers
A Stock broker is a member of a recognized stock exchange, who is permitted to do trades on the screen-based trading system of different stock exchanges. He is enrolled as a member with the concerned exchange and is registered with SEBI.

Sub-Broker
A sub-broker acts as agent of stock broker. He is not a member of a stock exchange but should be registered with SEBI for dealing in securities.

FRANCHISEE FROM SHAREKHAN

PARTNERS WITH SHAREKHAN IN ANY OF THESE FIVE WAYS

FRANCHISEE

Achieve large scale business success with the entire product bouquet offered by sharekhan from your own shareshop.

For whom?
New or existing dedicated Business owners interested in offering all products and services from Sharekhan.

SUB-BROKERS

Customized offerings for servicing HNI client.

For whom?
Existing sub-broker with HNI clients.

POWER BROKERS

Acquire and service self trading online clients.

For Whom?
New or current Sub-brokers, Financial Advisors and Distributors of Financial products.

BUSINESS PARTNER

Operate your own Sharekhan shop or work from your nearest Sharekhan Branch.

For whom?
If you are new to stock broking operations with limited number of clients.

REMISER

Earn while you refer clients.

For whom?
If you a have strong contact base with high net worth clients.

THE KEY POINT OF FOCUS FOR THE ASSOCIATION

PRODUCT OFFERING DEPOSIT FOR THE SET UP CONNECTIVITY BUSINESS RISK

KEY TERMS AND CONDITIONS

Infrastructure Operations Risk management Trading norms

Compliance

REGISTRATION PROCESS FOR INDIVIDUAL / PROPRIETOR

Registration requirements (Equity & Commodity segment)

Bank Statement For Trade Name Confirmation BG ( Format attached ) 4 certified copies of PAN Card 4 certified copies of Education proof (Min. SSC) 4 certified copies of Residential & Office address proof (Valid proofs - Ration Card, Passport, Driving License, Voter ID, Latest dated bank statement, Latest dated landline telephone bill ( MTNL / BSNL ) , Latest dated Electricity bill ) Chq of Rs.15,167 towards registration fees in the name of Sharekhan Ltd.

COMMENCEMENT REQUIREMENTS

Bank Statement Brokerage Letter DP certificate NCFM certificate Equity / Commodity User detail Margin amount Proofs should be certified by CA/ Notary or by Advocate only. As per the new communication received from MCX & NCDEX Exchange related to Authorised person registration stating that franchisee will NOT be registered if the following words are mentioned in their TRADE NAME

Stock, Share, Scrip, Comex, Securities, Equity, Comdex, Exchange, Forex

thank yo

Thank you