TRADERS' SUPPORT FROM BROKERAGE HOUSES
Brokerage companies used to represent their clients on the trading floor when stock exchanges were still physical venues. They carried out purchase and sell orders as the legal agents of their customers, following the client's instructions.
Brokers are members of the stock market who are registered. Furthermore, they must adhere to the Securities and Exchange Board of India's regulatory requirements (SEBI). Learn more about India's stockbrokers.
India now has a dematerialized stock market, in which dealings are conducted entirely online. Stockbrokers' principal role remains the same: executing orders on behalf of their customers. The venue, however, has switched to digital channels.