STOCK BROKERS IN SRI LANKA
Why is a stockbroker required to make investments on the Colombo Stock Exchange?
You cannot go straight to the CSE and purchase or sell shares on the Colombo Stock Exchange. You require a stockbroker’s services.
Because they serve as a middleman between you and the Colombo Stock Exchange, these businesses are known as stock brokers.
You must first locate a stockbroker in Sri Lanka if you want to invest in the Colombo Stock Exchange. A CDS (Central Depository System) account will then be opened for you. You are able to start buying and selling shares as soon as you have a CDS account.
how stock brokers generate income?
In essence, stockbrokers are salespeople. Through incentives and commission, they generate substantial revenue. A commission or fee may be assessed to a client who purchases or sells stocks through a stockbroker. Brokers who trade more stocks get more money from fees and commissions.
What factors should you take into account when choosing a Sri Lankan stockbroker?
Most stockbrokers don’t require a minimum investment to create a CDS account. However, some stockbrokers require a minimum investment from you. It might be between Rs. 50000 and Rs. 1 million. It just depends on how much money you want to put into it at first.
Once a CDS account has been established with a brokerage, there are two ways to buy and sell shares.
Stock advisor: A stockbroker will designate a stock advisor when you register with them. You can ask them to act on your behalf when you want to buy or sell shares.
Online Trading – Using an online trading platform is a different way to buy and sell stocks. Online trading is available almost anywhere in Sri Lanka, and you can use it independently.
Various stockbrokers utilize various trading systems like Direct FN and ATrade. You receive a username and password to log in and trade on this website. ATrad is the most widely used trading platform in Sri Lanka. But keep in mind that any trading platform will include features that are essentially the same.
If you don’t have the required minimum investment, you must trade through your stock advisor. The only difference is that.
In Sri Lanka, the majority of stockbroker businesses have internal research departments. These experts examine various stocks, and the majority of them offer recommendations. It’s a good idea to read a few of these reports if you’re just getting started to get an idea.
Some businesses share these reports, whilst others don’t. You should also take this into account before choosing a stockbroker.
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Read MoreContact details of Stock Brokers in Sri Lanka
BARTLEET RELIGARE SECURITIES (PVT) LTD
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+94 11 5 220 200
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+94 11 2 434 985
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http://www.bartleetreligare.com/
ACUITY STOCKBROKERS (PVT) LTD
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+94 11 2 206 206
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+94 11 2 206 298 / 9
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http://www.acuity.lk
JOHN KEELLS STOCK BROKERS (PVT) LTD.
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+94 11 2 306 250
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+94 11 2 342 068
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http://www.jksb.com
CAPITAL TRUST SECURITIES (PVT) LTD.
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+94 11 2 174 174
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+94 11 2 174 173
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http://www.capitaltrust.lk
ASHA SECURITIES LIMITED.
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+94 11 2 429 100
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+94 11 2 429 199
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http://www.ashasecurities.net
JOHN KEELLS STOCK BROKERS (PVT) LTD.
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+94 11 2 306 250
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+94 11 2 342 068
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http://www.jksb.com
J B SECURITIES (PVT) LTD.
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+94 11 2 490 900
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+94 11 2 430 070
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https://www.jbs.lk
LANKA SECURITIES (PVT) LTD.
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+94 11 4 706 757
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+94 11 4 706 767
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http://www.lankasecurities.com
ASIA SECURITIES (PVT) LTD.
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+94 11 7 722 000
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+94 11 258 4864
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http://asiasecurities.net
ALMAS EQUITIES (PVT.) LTD
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+94 11 2 673 908
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+94 11 2 673 908
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https://online.almasequities.com
S C SECURITIES (PVT) LTD.
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+94 11 4 711 000
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+94 11 2 394 405
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http://www.sampathsecurities.lk
CT CLSA SECURITIES (PVT) LTD
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+94 11 2 552 290 - 4
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+94 11 2 552 289
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http://www.ctclsa.lk
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