“45 applications for new broker licenses have reportedly been submitted, according to the Nepal Stock Exchange (NEPSE). Among which Nabil Bank has emerged as the lone applicant for a broker company with a **dealer’s license.”** What is it and what does this do different than brokers license?
View on r/NepalStock by IhumpBigthighs
They can start making markets in the stock
A stock dealer can buy and sell stocks for itself…..like the CIT stock dealer….whereas normal stock brokers can buy and sell stocks only for their clients
Thoplo