{"id":4079,"date":"2023-03-15T13:36:23","date_gmt":"2023-03-15T13:36:23","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/sub-broker\/"},"modified":"2023-03-15T13:36:23","modified_gmt":"2023-03-15T13:36:23","slug":"sub-broker","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/sub-broker\/","title":{"rendered":"Sub Broker"},"content":{"rendered":"<p>\nA Sub Broker is a person who acts \u2018on behalf\u2019 of a broker. Sub Broker is a vital link between the broker and the customer. A Sub Broker works as an agent of the broker. The Sub Broker helps investors by dealing in different types of securities, helping with documentation, paperwork etc. Sub Broker is not a member of a stock exchange but is just working under the broker for providing various services. Sub Brokers cannot charge a brokerage directly from the clients. They receive commission for the services rendered and also sub brokerage from the stock broker as per the client transactions.<\/p>\n<h2>What is the role of a Sub Broker?<\/h2>\n<p>Some functions performed by a Sub Broker are:<br \/>\n1. They bring more clients to the broker.<br \/>\n2. They help clients in making investment choices.<br \/>\n3. They provide account opening, documentation and other transactional assistance.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>A Sub Broker is a person who acts \u2018on behalf\u2019 of a broker. Sub Broker is a vital link between the broker and the customer. A Sub Broker works as an agent of the broker. The Sub Broker helps investors by dealing in different types of securities, helping with documentation, paperwork etc. Sub Broker is [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-4079","post","type-post","status-publish","format-standard","hentry","category-stocks"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4079"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4079\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}