Explain between sub broker and Authorised person ?

[goneshmaity]

Explain between sub broker and Authorised person ? :huh:

Sub-broker and broker are two distinctive organization plans of action offered by a broking house. These two models are not altogether different from one another in numerous viewpoints, for example, the commitment and liabilities of a sub-merchant and an approved individual are similar. A sub-broker is an individual who works with an enlisted exchanging individual from a perceived stock trade. They set up their own office to make their customer base and work from that point. They get a concurred level of business produced by their customers as a commission from the stockbroker. An authorized person is designated by the stockbroker and offers admittance to the trading terminal just as devices and innovation of a stock trade.