The word ‘Remisier’ is not found in any English dictionary. It is a French word meaning ‘intermediate man’. In the context of the Paris Bourse, a remisier is a half-commission broker. In the present Singapore context, a remisier is a licensed Trading Representative who is attached to a SGX member broking firm and who receives 40% of the commission. Until mid seventies, the commission rate was 50%.
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Dear Fellow SOR Members, MARGIN TDG A/C: On 11 Jan 18...