GROUP-1

CAPITAL MARKET INTERMEDIARIES

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PUBLIC

CAPITAL MARKE

TS

INTERMEDIARIES

INTERMEDIARIES

MERCHANT BANKERS

STOCK BROKERSUNDERWRITERS

DEPOSITORY PARTICIPTANT

REGISTERER & TRANSFER AGENT.

VENTURE CAPTALMUTUAL FUNDS CREDIT RESEARCH AGENCY

FINANCIERSPORTFOLIO MANAGERS

MEANING OF INTERMEDIARIES Firm or person (such as a broker or consultant)

who acts as a mediator on a link between parties to a business deal, investment decision, negotiation, etc. In money markets, for example, banks act as intermediaries between depositors seeking interest income and borrowers seeking debt capital. Intermediaries usually specialize in specific areas, and serve as a conduit for market and other types of information. Also called a middleman. See also intermediation.

INTRMEDIARIES Intermediaries are service

providers in the market, including stock brokers, sub-brokers, financiers, merchant bankers, underwriters, depository participants, registrar and transfer agents, FIIs/ sub accounts, mutual Funds, venture capital funds, portfolio managers, custodians, etc

STOCK BROKER A stockbroker is a regulated

professional individual, usually associated with a brokerage form firm or broker-dealer, who buys and sells stocks and other securities for both retail and institutional clients, through a stock exchange or over the counter, in return for a fee or commission. Stockbrokers are known by numerous professional designations, depending on the license they hold, the type of securities they sell, or the services they provide. 

FINANCIERS  is a person OR a business entity who

makes their money from investments, typically involving large sums of money and usually involving private equity and venture capital, leveraged buyouts, corporate finance, investment banking and/or large-scale asset management.

A financier makes money through this process when his or her investment is paid back with interest, from part of the company's equity awarded to them as specified by the business deal, or a financier can generate income through commission, performance, and management fees

MERCHANT BANKERS A merchant bank is a financial

institution that provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to.

Both commercial banks and investment banks may engage in merchant banking activities. Historically, merchant banks' original purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope.

UNDERWRITERS A company or other entity that

administers the public issuance and distribution of securities from a corporation or other issuing body. An underwriter works closely with the issuing body to determine the offering price of the securities, buys them from the issuer and sells them to investors via the underwriter's distribution network

EX- MB and syndicate members.

DEPOSITORY PARTICIPTANT Depository system introduced in India in the

year 1996. In India, a Depository Participant (DP) is

described as an agent of the depository. They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the two under the Depositories Act.

Service provided- Dematerialization, Rematerialization, Transfers of securities, settlement of trades.

In india- NSDL & CDSL are the two entity.

REGISTER AND TRANSFER AGENTS Registrar are the trusts or institutions

that register and maintain detailed records of the transactions of investors for the convenience of mutual fund houses.

Registrar or transfer agents are the trusts or institutions that register and maintain detailed records of the transactions of investors for the convenience of mutual fund houses.

MUTUAL FUNDS A mutual fund is a type of professionally

managed collective investment scheme that pools money from many investors to purchase securities. While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies. Most mutual funds are "open-ended," meaning investors can buy or sell shares of the fund at any time

VENTURE CAPITALS Venture capital (VC) is financial

capital provided to early-stage, high-potential, high risk, growth start-up companies. The venture capital fund makes money by owning equity in the companies it invests in. The typical venture capital investment occurs after the seed funding round as the first round of institutional capital to fund growth (also referred to as Series A round) in the interest of generating a return through an eventual realization event, such as an IPO or trade sale of the company. Venture capital is a subset of private equity. Therefore, all venture capital is private equity, but not all private equity is venture capital

PORTFOLIO MANAGER

A portfolio manager is either a person who makes investment decisions using money other people have placed under his or her control or a person who manages a financial institution's asset and liability (loan and deposit) portfolios. On the investments side, they work with a team of analysts and researchers, and are ultimately responsible for establishing an investment strategy,

Portfolio managers are presented with investment ideas from internal buy-side analysts and sell-side analysts from investment banks. It is their job to sift through the relevant information and use their judgment to buy and sell securities. Throughout each day, they read reports, talk to company managers and monitor industry and economic trends looking for the right company and time to invest the portfolio's capital.

CREDIT RESEARCH AGENCY A financial professional who has

expertise in evaluating the creditworthiness of individuals and businesses. Credit analysts determine the likelihood that a borrower will be able to meet financial obligations and pay back a loan, often by reviewing the borrower's financial history and determining whether market conditions will be conducive to repayment.

BIBILOGRAPHY  

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