Salary.sg Forums - View Single Post - remisier pay range
View Single Post
  #4 (permalink)  
Old 06-03-2014, 12:33 PM
Unregistered
Guest
 
Posts: n/a
Thumbs up

Remisier is truly an unique career for a young graduate!

The Society of Remisiers (Singapore) - The Society of Remisiers (Singapore)

The monthly salary ranges from $2k/$3k to $15k/$50k or a lot more per month, with a lot of factors to consider such as the client's trading pattern, number of clients under the remisier's stable, macro economics factors impacting the trading market, the micro fundamental factors impacting individual stock counters...

its truly rewarding if you know what you are doing and the occasional opportunity to buy first faster than any retail investors in the market just because the remisier is in the market and watching it daily!

However, its not for the faint hearted as well as if your client incurs any losses esp due to contra trading, then the remisier will be asked to pay up for the client (have personally heard of cases whereby the remisier was declared a bankrupt as a result of client's actions...or put on a perm contract with the brokerage house to pay up the losses...normally in the millions!)...thus KEY is to know your client and be able to limit the credit risk exposure!

Take care! Nothing ventured nothing gains...
Reply With Quote