How To Open An Exchange

Table of contents:

How To Open An Exchange
How To Open An Exchange

Video: How To Open An Exchange

Video: How To Open An Exchange
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Opening an exchange will be quite a lucrative business, according to market participants. However, this whole business remains relevant only in one specific direction: if you work with stocks and securities.

How to open an exchange
How to open an exchange

It is necessary

  • - Rented premises;
  • - brokers;
  • - personal bank account;
  • - notarized documents.

Instructions

Step 1

Determine the type of your exchange. Today it is better to open a company based on a sub-broker. This is an organization that works under the supervision of other long-known economic structures. This allows you to minimize risk and reduce the cost of implementing your business ideas and increase the profitability of your business.

Step 2

Register your company as a legal entity. Next, contact the relevant authorities to obtain a license that gives the right to conduct your business.

Step 3

Hire the staff you need. It is better if you already know professional people working in the field of stock sales. You do not need many brokers in the beginning, just a few people who know their business are enough.

Step 4

Select and rent a room in accordance with the state, preferably with a division into zones, one of which will become an office for company employees, and the other - a reception area for communicating with clients. The main tools that are necessary for normal operation will be a telephone and a computer with high-speed wireless Internet. Be sure to install all of this in your office.

Step 5

Get advertising finance. These can be provided by the parent company that will represent your organization. So, an additional advantage of starting a business as an exchange sub-broker is the convenience in managing the costs of promotion, which will be carried out by the financial institution that has taken you under its wing. In the future, the advertising budget can be divided 50/50.

Step 6

Choose the right target audience. This is not difficult to do if you can competently build your own strategy. For example, advertising is best given first on broadcasting channels popular among young people, as well as middle-aged people.

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