Stockbroking
Stockbroking is a high-profile career which offers great financial rewards. Today, the national Stock Exchange provides a nation-wide network of trading facilities. Automated trading facilities and transparency in market operations call for professionals who can meet the demands and expectations of investors. Accordingly, the stock-broking business draws many specialists for its operations - stockbrokers, economists, accountants,finance managers, financial analysts, capital market specialists as well as investment and financial planners. To be a stockbroker, you have to be a graduate with a minimum of two years work experience in a stockbroking firm. Registration for bro-kership is granted on the basis of experience as a sub-bro-ker and on the recommendation of a registered broker.
A postgraduate course in Finance & Control / Commerce / Economics is useful for entry into this business.
Training Institutes In India
1. Bombay Stock Exchange's BSE Training Institute, Mumbai
2. The All India Centre for Capital Market Studies, JDB Institute Of Management Studies & Research, Nasik - 422 005
3. The Institute Of Capital Market Development, 1965 Arya Samaj Road, Karol Bagh, Delhi - 5
4. The Institute of Company Secretaries of India, ICSI House, 22, Institutional Area, Lodhi Road, New Delhi - 110 003
5. The Orion Institute of Capital Market, S- 11, Adarshini Plaza, 91, Adchini, Aurobindo Marg, New Delhi
6. The UTI Insitute of capital Market, Plot 82, Sector - 17, Vashi, nave Mumbai - 400 705
What is Forex?
Different countries have different money. U.S. Dollar... Japanese Yen...
Euro...There are about 8 major world currencies and over 100 minor ones.
When someone wants to exchange Dollars for Yen, he uses the Dollar/Yen
Foreign Exchange rate, or Forex for short.
Forex is BIG. Much bigger than the stock market. Forex is the largest
financial market in the world, with billions of dollars worth of trades
every single day, mostly by large national banks and foreign governments.
The huge back and forth trading of currencies means that an exchange rate
like the Euro/Dollar doesn't stay at one level for very long. It changes
minute by minute, like prices on a stock chart, but 24 hours a day (because
it's always daytime somewhere in the world), giving individual traders
plenty of opportunities to make money.
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