Share Broking

A stockbroker is a regulated professional individual, usually associated with a brokerage firm or broker-dealer, who buys and sells shares and other securities for both retail and institutional clients, through a stock exchange or over the counter, in return for a fee or commission. Stockbrokers are known by numerous professional designations, depending on the license they hold, the type of securities they sell, or the services they provide. In most English speaking venues, the two word term stock broker, like stock brokerage, normally applies to the brokerage firm, rather than to the individual.

In a demat account, shares and securities are held electronically instead of the investor taking physical possession of certificates.

A trading account is an account which contains, " in summarized form, all the transactions, occurring, throughout the trading period, in commodities in which he deals" and which gives the gross trading result. In short, trading account is the account which is prepared to determine the gross profit or the gross loss of a trader.

An account similar to a traditional bank account, holding cash and securities, and is administered by an investment dealer. An account held at a financial institution and administered by an investment dealer that the account holder uses to employ a trading strategy rather than a buy-and-hold investment strategy.

Explanation

It is the art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance. In other words, Portfolio Management Services (PMS) is a specialized & customized service that offers a range of specialized investment strategies to capitalize on the opportunities in the market. Though, PMS is managed by a professional portfolio managers, it has potential to address the personal preferences tailored into the investment portfolio giving the freedom and flexibility required for achieving the financial goals. This is typically a high-end product meant for high net-worth individuals (HNIs) because it needs some significant minimum investment.

• Transparency

  At most times the rationale behind your investments is a matter of concern. With PMS our Portfolio Managers will always keep you apprised of the reason behind investment decisions, plus you are always kept up-to-date on the allocation and distribution of your funds.

• Scientific Investment Decisions

  PMS provides a scientific and disciplined basis for investing. Besides, you have the flexibility of making investment decisions after speaking to our Research Team.

• Expertise

  Traditional investment options do not provide a team of dedicated investment consultants. PMS will provide you exclusive access to the Research Desk and their Proprietary Research Reports.

• Learn while your earn

  The Consultative Investment Approach of PMS gives you an opportunity to learn the nuances, understand the rationale and details behind every investment decision.

There are two types of portfolio management services(PMS)

• Discretionary PMS
  In discretionary portfolio management, the portfolio manager individually and independently manages the funds of each client in accordance with the needs of the client.
• Non-discretionary
  In non-discretionary portfolio management, the portfolio manager manages the funds in accordance with the directions of the client. The portfolio manager cannot make buy-sell decisions at his own discretion; he has to refer to the client for every transaction.