Sunday, October 19, 2008

Sub-broking in Angel: A prospective Business Association

Sub-Broker


The significant growth in the clientele of Angel is credited to the entire team effort of this broking house. The sphere of the TEAM of Angel is wide enough to include the dedicated employees, the entire research and advisory team and mammoth network of sub-brokers.
Angel broking holds the foremost position in having the largest sub-broker network in NSE with 9,600 trading terminals. Such a vast network of sub-brokers was built in a single day. Years of consistent hard work made it happen. Angel, since its inception, has strove not only to acquire clients but also educate them about the unpredictable and volatile capital market. Similar approach has been noticed in case of the company’s attitude towards its sub-broker network.
Since a sub-broker is part of the Angel family, the responsibility of sharpening the marketing skills of a sub-broker falls in Angel’s part. This broking house has uninterruptedly performed this duty. The sub-brokers in Angel are imparted a comprehensive training program by the e-broking trainers. The sub-brokers in Angel broking form an integral part in terms of providing service; they are the gateway to a large number of clients where they represent the company itself. It is needless to say how much of domain expertise are demanded to carry on this crucial task.
Keeping in mind all these vital factors Angel has taken a seamless initiative to educate the sub-brokers. A ‘One Day Induction Program’ is being offered to the sub-brokers since June 2007. To have the uniformity in providing the training program, the programs are conducted both from the Central as well as regional offices. It is monitored that every single sub-broker of Angel irrespective of the region they are residing at gets the trained.
The topics covered in the Induction Programme are Corporate Presentation, Banking, DP/Demat, E-Broking, KYC, Risk Management, Technical Analysis, Mutual Funds and Insurance. These trainings are conducted by the faculties of the respective departments.
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