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Old 10-03-2020, 06:54 AM
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Default Broker prospect

Hi all I want to know the prospects of a broker. Not those retail brokers but more on the bank's daily trading etc. Any idea?

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Old 10-03-2020, 01:20 PM
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if the role you are looking for is solely helping clients to execute trade orders, outlook might not seem good.. Many banks are beginning to implement "Best Execution" plans (you can read more about it in the paper published by MAS) where basic trade products (such as spot or vanilla options) can be directly traded through the platform without a need for a broker, ensuring that the orders are executed at the best available terms at that instance.

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Old 10-03-2020, 01:52 PM
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What if it's not basic products. And clients are not retail consumers. Do they take diploma holders? Or they only take in grads. Or no grads go there.

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