March 2023 - Front Trading

29 Mar

Difference between sub brokers and authorised person in Stock Trading

Clare LouiseFinance

Definition of Authorised Persons and Sub Brokers in the Stock Market An authorised person or a sub broker are individuals or registered company who have a network of investors and work with a stock broking organisation. The stock broker appoints an authorised person or a sub broker only if they fulfil certain criteria and provide a franchise to work on behalf of the broker. The mechanism works on a profit-sharing model where the broker retains a nominal percentage and the franchisee gets the maximum share. Here the broker is benefitted in terms of increased market coverage and business volume as…

4 Mistakes that Make Traders Lose Money

Clare LouiseTrading

The art of trading is so notorious for complexity and moving parts, so much so that for laypeople, and some professionals, the rules are shrouded in mystery. There's never a guarantee, regardless of your trading strategy, but there's a strong understanding of when and how to adapt and react. Over time, each trader will develop their own set of rules, and this can bring losses and gains. If they're intelligent rules, then you'll see more of the latter, but part of the intelligence is knowing when to break your own rules and when to cut your losses. At Trading Alphas,…

Why Aadhaar Card Linking is Important for Bank Account?

Debbie LesterFinance

Opening a bank account is among the many services requiring an Aadhaar card as proof of identity. One of the key benefits of tying a bank account to an Aadhar card is that it prevents fraud and protects the financial information of a person. Your Aadhar Card may be connected to your bank account online via the bank's mobile app or internet banking. Nevertheless, the user must be registered with the bank to access the service. This article explains how to easily link your Aadhaar card to your bank account using various processes like online banking, phone banking, and mobile…