ELIGIBILITY
• A person with minimum 2-3 year of experience in selling financial product as a Main broker/Sub broker/Remisier/Mutual fund distributor/Insurance Advisor/financial planner or an employee of existing Broker/Sub-broker.
• The Authorized Person & his or her employee should hold valid NISM certificate for Cash, F&O, CDX segments and ensure that NISM certificate holder in person has to sit on trading terminal in whose name the terminal ID has been generated. In case trading terminal are managed by the persons than the approved users than the responsibility of any SEBI/Exchange penalty will be of Authorized Person.
• Authorized person registration in SEBI/Exchanges through ACEMONEY if compulsory without which the remittance of accrued brokerage to AP will be kept on hold till registration is complete.
TERMS AND CONDITIONS
With Support of our brand image and the expertise of ACEMONEY, the Business Associate can start their own business easily without losing their own individual Identity. We will get you registered as Authorized person of NSE/BSE to do trading in capital market.
MARGIN REQUIREMENT:
Adequate / Applicable margin to be deposited in advance before trading.
EXPOSURE LIMITS:
Limits will be given on the basis of the margin as per exchange (VaR, SPAN, etc) on client’s deposit.
SECURITY DEPOSIT:
Minimum Security per exchange Rs. 50,000(Interest Free Refundable)
MARKETING SUPPORT:
ACEMONEY supports you in designing of any promotional material thru its branding / advertising if needed by Authorized Person
Regular Intraday SMS, Trading Tips and Research & Analysis Reports through e-mails will be made available regularly.
Other Products -The Authorized Person associated in Equity Market can enhance his business portfolio by marketing other products like
• DP - CDSL
• Insurance (both Life & General),
• IPO’s
• Mutual Funds
• Portfolio Management Schemes
• Fixed Deposits
Online Back Office
1. Back office reports for all segments i.e. NSE F&O, NSE CM, BSE CM, NCDEX, and DP.
2. Holding Report, A/c Statement, Client Dues and transaction ledger related to the DP.
3. Reports available in Capital Market:
a. Interactive Account Statement
b. Trial balance
c. Net Position
d. Bills
e. Confirmation
f. Pending Delivery
g. Margin Shares & On behalf
h. P&L Report
i. Turnover
j. Over all Outstanding
k. Contract Notes (Digital)
4. Reports available in F&O
a. Account Statement
b. Combined detail
c. Combined Outstanding
d. Combined Sauda Summary
e. MIS-P&L Report
f. Trial Balance & Contract Notes(Digitally)
Automated Payin
ACEMONEY provides system of automated Payin of Demat shares which relieve clients from depositing the delivery instruction in physical form to the Depository Participant (DP) that means client don’t have to give physical slip to DP for transfer of shares to brokers against their selling position. For availing this facility client must have Demat account with us.
Trading Software on WEB and MOBILE:
Company provides ‘BEST’ software and is totally free of cost for the Authorized person & their clients.
Payments:
ACEMONEY have a tie-up with HDFC Bank, Axis Bank, ICICI Bank , PNB & SBI to facilitate the Authorized person for Collection / distribution of pay-in / Pay-out cheques.
Helpdesk:
We are having a dedicated team in Helpdesk to provide you the best of the services & solutions.
Risk Management systems:
ACEMONEY would provide you reports which helps in risk management of clients and also helps in monitoring financial positions of clients.
Special:
Table space with all infrastructures can be avail at our office at CONNAUGHT PLACE,
For more information Kindly Mail at – jiteshsingh@acemoneyindia.com
Enquiry Form
