What is a ‘dealer’s license’ that Nabil has applied for?

What is a 'dealer's license' that Nabil has applied for? 1

“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


Comments

3 responses to “What is a ‘dealer’s license’ that Nabil has applied for?”

  1. NefariousnessOk4050 Avatar

    They can start making markets in the stock

  2. berojgar_keto Avatar

    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

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