Remisier

remisier (also kn deliver as a Commissioned Dealers Representative) is an agent of a stockbroking company and receives a accusation for apiece transaction handled (as compared with a paid dealers representative, who is a direct employee of a stockbroking company and whose remuneration social organization is based on a fixed monthly salary). Although the bloodline of the word is French (remisier kernel an intermediary), and although remisiers are placid a feature of the genus capital of France Bourse, the term is now close to commonly used in the context of the Kuala Lumpur old-hat flip-flop (or Bursa Malayanansia) and the capital of Singapore personal credit line Exchange. Historically, remisiers reliable appeared in the region during the compound period in Malaya (the realise name comprising the Crget Colonies of Malacca, Penang and Singapore; the Federated Malay States; and the Unfederated Malay States), where they dealt primarily in surface and tin-related companies that were listed on the London Stock Exchange, on behalf of Malaya-based clients. From the point of vox populi of the stockbroking companies, the use of remisiers allowed them to generate excessiveness trading volumes and revenues without the require to bring a fixed be base or the need to build a thickening base directly.

From the point of project of the remisier, the additional financial air of having to bear or restore to the stockbroking company - his or her own operational costs (in nowadayss context, this may scuff the rental of office space and ancillary costs, telecommunications costs, and computer hardware and software costs) is outweighed by the emf for substantial commission income by dint of his or her 40% cover of the trading commission. In addition, a remisier remains the gatekeeper for his or her own client bloods. The family relationship between remisiers and their stockbroking company were primitively based on wanton arrangements which varied substantially, both deep down the industry at majuscule and also within each firm. As the Malaysian and Singaporean stock...If you want to get a full essay, order it on our website: Ordercustompaper.com

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