Friday, February 29, 2008

Remisier

Yesterday I post my first blog. Some of my friend suggest better further explain what does it means because last time they don't understand what is that when I told them I become a Remisier. They are totally no idea what does it mean.
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Remisier, formally known as Dealer's Representative in Malaysia. In USA, they call it broker. Since nowadays Remisier mostly deal with the trading of stock and share, they are stock broker.
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There is a history of the word "Remisier" come from. This word origin from French which means an intermediary. It was first appeared region during the colonial period in Malaya, where they dealt primarily in rubber and tin-related company that were listed on the London Stock Exchange.
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Now Remisier is a license intermediary person who help clients to buy or sell their stock and share which trade in the stock market. Besides help the clients to buy ans sell, their additional value is to monitor the counter, economy trend, news from the market, and help client to look for the information. Not every client is free to full time monitor their own stock everyday and have nothing else to do. They have their own job, the investment counter let the Remisier to monitor for them. If client have to monitor their own counter themselves, their working performance may affected.
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Another explanation for the Remisier according to my senior colleague is this term also come from those people simply buy, simple sell the share. For those understand cantonese, "乱买 Share". This is how Remisier come from.

6 comments:

Faye said...

Hi, can you please advise how can one become a remisier? Thanks

wonsim said...

You must pass module 6 and module 7 exam at the Securities Commission. http://www.sidc.com.my/programme/licensing-exam-module-description.html

star said...

if i am a degree graduate science (construction) field student. Will they accept me to become a remiser due to a different field. What is the qualification needed beside need pass the module 6 & 7. Because i have try very hard to apply into the securities firm such as Hwang DBS & OSK, but they totally no response. Pls advice, Thanks.

Alanhiew said...
This comment has been removed by the author.
Alanhiew said...

I would like to know the entrance requirement too. I have no diploma or degree certificate but only have STPM. So shall i eligible to be a remisier? Please advise and give some explanation. TQ...Your early reply is much appreciated.

wonsim said...

The basic step to become Remisier is pass the module 6 and 7 exam in Securities Commission (SC).

Then with this qualification, find your job in broker firm. It depends whether they need to hire or has quota to hire. This is like you graduate from University, but this doesn't mean you are guarantee to get a job. You have to find the way to get the job. You guys can try search for the job call Dealer Representative.