Brokers

Both BSE and NSE have an elaborate eligibility criteria for persons who are desirous of becoming members of the stock exchanges. Apart from basic educational qualifications, the members need to fulfil minimum networth criteria and need to pay applicable fees each year.

On obtaining memberships from the stock exchanges, these guys become eligible to take and execute orders from individuals and institutions. The world of stock-broking has seen a sea change over the past few years. Historically known for its non-transparent methods and gross inefficiencies, stock broking today is a lot better. Almost all trading today happens over the net and the broking charges have dropped significantly.

Brokers continue to play an important role in the capital markets as order aggregators and franchisees who help individuals like you and me to participate in this game.