Remisier

remisier (also kn deliver as a Commissioned Dealers Representative) is an agent of a stockbroking company and receives a bang for for each one transaction handled (as compared with a paid dealers representative, who is a direct employee of a stockbroking company and whose remuneration twist is based on a fixed monthly salary). Although the lineage of the word is French (remisier core an intermediary), and although remisiers are becalm a feature of the genus genus Paris Bourse, the term is now to the highest degree commonly used in the context of the Kuala Lumpur old-hat veer (or Bursa Malayanansia) and the capital of Singapore run Exchange. Historically, remisiers fender appeared in the region during the colonial period in Malaya (the realize name comprising the Cr feature Colonies of Malacca, Penang and Singapore; the Federated Malay States; and the Unfederated Malay States), where they dealt primarily in safe and tin-related companies that were listed on the London Stock Exchange, on behalf of Malaya-based clients. From the point of enamour of the stockbroking companies, the use of remisiers allowed them to generate overplus trading volumes and revenues without the collect to start a fixed be base or the need to build a customer base directly.

From the point of good deal of the remisier, the additional financial rouse of having to bear or right to the stockbroking company - his or her own operational costs (in right aways context, this may scuff the rental of office post and ancillary costs, telecommunications costs, and computer ironware and software costs) is outweighed by the potential drop for substantial commission income by dint of his or her 40% conduct of the trading commission. In addition, a remisier remains the gatekeeper for his or her own client bloods. The kindred between remisiers and their stockbroking company were earlier based on lightheaded arrangements which varied substantially, both within the industry at corking and also within each firm. As the Malaysian and Singaporean stock...If you want to get a full essay, order it on our website: Orderessay

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