A broker is a natural person who carries out one or more types of business for a brokerage company on the basis of employment or another legal basis:
- implementation of client orders;
- investment advisory services;
- management of financial instruments of clients.
If you wish to become a broker, you must be authorised by a member of the Ljubljana Stock Exchange.
To perform this occupation, a stockbroker licence issued by the Securities Market Agency on the basis of the conditions met must be acquired.
Stockbrokers may carry out transactions if they acquire a stockbroker licence. The licence is issued by the Securities Market Agency.
To acquire the licence, they must pass the test of professional knowledge and meet the required conditions.
When they pass the test of knowledge, they must file a request for the issue of a stockbroker licence at the Securities Market Agency. In addition to evidence of fulfilment of the conditions, they must also submit a personal identity document and a certificate of payment of the fee.
The Agency may reject the request to issue a stockbroker licence if it establishes that a stockbroker would jeopardise the operations of a brokerage company by the services and transactions carried out or by actions they have done.