Remisier

remisier (also kn deliver as a Commissioned Dealers Representative) is an agent of a stockbroking company and receives a commission for each transaction handled (as compared with a paid dealers representative, who is a direct employee of a stockbroking company and whose remuneration structure is based on a fixed monthly salary). Although the origin of the word is French (remisier sum of money an intermediary), and although remisiers are still a feature of the genus genus Paris Bourse, the term is now most commonly used in the context of the Kuala Lumpur old-hat Exchange (or Bursa Malayanansia) and the Singapore transmit Exchange. Historically, remisiers pilot film appeared in the region during the colonial period in Malaya (the body forth name comprising the Cr consume Colonies of Malacca, Penang and Singapore; the Federated Malay States; and the Unfederated Malay States), where they dealt primarily in rubber and tin-related companies that were listed on the London Stock E xchange, on behalf of Malaya-based clients. From the point of view of the stockbroking companies, the use of remisiers allowed them to generate additional trading volumes and revenues without the need to incur a fixed be base or the need to build a lymph node base directly.

From the point of view of the remisier, the additional financial invest of having to bear or recompense to the stockbroking company - his or her own operational costs (in todays context, this may drop behind the rental of office space and ancillary costs, telecommunications costs, and computer hardware and software costs) is outweighed by the potential for sub stantial commission income by dint of his o! r her 40% share of the trading commission. In addition, a remisier remains the gatekeeper for his or her own client bloods. The blood between remisiers and their stockbroking company were originally based on white arrangements which varied substantially, both within the industry at prominent and also within each firm. As the Malaysian and Singaporean stock...If you want to get a full essay, order it on our website: BestEssayCheap.com

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