Hi guys/gals,
I am interest of becoming a remisier but how much a remisier can earn ya? I am currently earning RM2500. Can I make more than that by becoming a remisier? And what qualification do I need?
forget your ambition to be remisier;
Bursa will employ direct mkt access:
Remisier will earn less.
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09-08-2007: Bursa to launch DMA, US dollar-based CPO futures
by Tamimi Omar
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fd@bizedge.com KUALA LUMPUR: Bursa Malaysia Securities Bhd will launch its direct market access (DMA) for all derivative products and US dollar-denominated crude palm oil (CPO) futures in October.
“We are still working on the final touches for both products, and we align=left hope to be able to attract big overseas investors to our shores,” said its chief executive officer Datuk Yusli Mohamed Yusoff ( left ).
Speaking to reporters after the launch of Bursa Malaysia’s 50th Merdeka Celebration programme here yesterday, he said the launch dates of both products would be very close to each other.
Yusli said the DMA would result in less brokerage fees as trading would be carried out directly via a website, adding that it would also help raise trading volume on the exchange.
“The DMA is a more advanced version of online trading. It allows investors to buy and sell (shares) directly (on the derivatives market),” he said.
On Bursa Malaysia’s 50th Merdeka Celebration programme, Yusli said it was part of the bourse’s month-long celebration of the country’s independence.
Yusli added that Bursa would launch a roadshow for retail investors by the end of this month to educate retail investors on the functions of the stock exchange.
“We want to reach out to the younger generation and teach them about the stock market. This will be a long-term programme,” he said.
Meanwhile, Yusli said Bursa was targeting to raise up to RM2 million from The Edge-Bursa Malaysia Kuala Lumpur Rat Race next year.
The event, which took place on Tuesday, raised RM1.55 million this year.
He said the annual event had attracted a lot of attention from both local and international corporations but added that it needed more exposure