What is the role of sub broker?

A sub-broker acts as an intermediary between investors and stockbrokers, facilitating trading activities without holding a trading license themselves. They help clients with investment advice, execute trades, and provide market insights, typically earning a commission or fee for their services. Sub-brokers often cater to local investors, building relationships and offering personalized services to enhance customer experience. Their role is crucial in expanding the reach of brokerage firms and increasing market participation.