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Remisier
A remisier (also known as a Commissioned Dealer's Representative) is an agent of a stockbroking company and receives a commission for each transaction handled (as compared with a paid dealer's representative, who is a direct employee of a stockbroking company and whose remuneration structure is based on a fixed monthly salary). Although the origin of the word is French ("remisier" means "an intermediary"), and although remisiers are still a feature of the Paris Bourse, the term is now most commonly used in the context of the Kuala Lumpur Stock Exchange (or Bursa Malaysia) and the Singapore Stock Exchange. Historically, remisiers first appeared in the region during the colonial period in Malaya (the collective name comprising the Crown Colonies of Malacca, Penang and Singapore; the Federated Malay States; and the Unfederated Malay States), where they dealt primarily in rubber and tin-related companies that were listed on the London Stock Exchange, on behalf of Malaya-based clie ...
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Brokerage Firm
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate or stock broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or sellers for the perfe ...
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Employee
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endeavor ...
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French Language
French ( or ) is a Romance language of the Indo-European family. It descended from the Vulgar Latin of the Roman Empire, as did all Romance languages. French evolved from Gallo-Romance, the Latin spoken in Gaul, and more specifically in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French ( Francien) largely supplanted. French was also influenced by native Celtic languages of Northern Roman Gaul like Gallia Belgica and by the ( Germanic) Frankish language of the post-Roman Frankish invaders. Today, owing to France's past overseas expansion, there are numerous French-based creole languages, most notably Haitian Creole. A French-speaking person or nation may be referred to as Francophone in both English and French. French is an official language in 29 countries across multiple continents, most of which are members of the ''Organisation internationale de la Francophonie'' ...
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Paris Bourse
Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined market capitalization of over US$4.5 trillion. Euronext Paris, the French branch of Euronext, is Europe's second-largest stock exchange market, behind the London Stock Exchange. History In the early 19th century, the Paris Bourse's activities found a stable location at the ''Palais Brongniart'', or ''Palais de la Bourse'', built to the designs of architect Alexandre-Théodore Brongniart from 1808 to 1813 and completed by Éloi Labarre from 1813 to 1826.Ayers 2004, pp. 61–62. Brongniart had spontaneously submitted his project, which was a rectangular neoclassical Roman temple with a giant Corinthian colonnade enclosing a vaulted and arcaded central chamber. His designs were greatly admired by Napoleon and won Brongniart a major public comm ...
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Kuala Lumpur Stock Exchange
The Kuala Lumpur Stock Exchange (KLSE; ms, Bursa Saham Kuala Lumpur) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya. In 1937, it was re-registered as the Malayan Stockbrokers' Association, but it still did not trade public shares. By 1960, the Malayan Stock Exchange was formed and public trading of shares began on 9 May. In 1961, the Board system was introduced whereby two trading rooms, one each in Singapore and Kuala Lumpur, were linked by direct telephone lines into a single market with the same stocks and shares listed at a single set of prices on both boards. The Stock Exchange of Malaysia was officially formed in 1964 and in the following year, with the secession of Singapore from Malaysia, the common stock exchange continued to function under the name Stock Exchange of Malaysia and Singapore (SEMS). In 1973, with the termination of currency interchangeability between Malaysia and Singapor ...
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Bursa Malaysia
Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offering a wide range of currency exchange and related services including trading, settlement, clearing and savings services. Along with the Securities Commission of Malaysia, the stock exchange regulates the capital market in Malaysia and through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives. History Bursa Malaysia was established in 1930 when the Singapore Stockbrokers Association became an official organization of securities in Malaya. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on May 9 that year. In 1961, a board system was int ...
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Singapore Stock Exchange
The Singapore Exchange Limited (SGX) is a Singaporean investment holding company that provides different services related to securities and derivatives trading and others. SGX is also a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation. Structure SGX operates several different divisions, each responsible for handling specific businesses. * SGX ETS (Electronic Trading System): provides global trading access to SGX markets where 80 percent of the customers are from outside Singapore. * SGX DT (Derivatives Trading): provides derivatives trading. * SGX ST (Securities Trading): provides securities trading. * SGX DC (Derivatives Clearing): subsidiary for clearing and settlement operations. * SGX AsiaClear: offers clearing services for over-the-counter (OTC) oil swaps and forward freight agreements. * SGX Reach: an electronic trading platform. * Central Depository Pte Ltd: subsidiary responsible for securities clearing, settlement and d ...
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British Malaya
The term "British Malaya" (; ms, Tanah Melayu British) loosely describes a set of states on the Malay Peninsula and the island of Singapore that were brought under British hegemony or control between the late 18th and the mid-20th century. Unlike the term "British India", which excludes the Indian princely states, British Malaya is often used to refer to the Federated and Unfederated Malay States, which were British protectorates with their own local rulers, as well as the Straits Settlements, which were under the sovereignty and direct rule of the British Crown, after a period of control by the East India Company. Before the formation of the Malayan Union in 1946, the territories were not placed under a single unified administration, with the exception of the immediate post-war period when a British military officer became the temporary administrator of Malaya. Instead, British Malaya comprised the Straits Settlements, the Federated Malay States, and the Unfederated Ma ...
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Malacca
Malacca ( ms, Melaka) is a state in Malaysia located in the southern region of the Malay Peninsula, next to the Strait of Malacca. Its capital is Malacca City, dubbed the Historic City, which has been listed as a UNESCO World Heritage Site since 7 July 2008. The state is bordered by Negeri Sembilan to the north and west and Johor to the south. The exclave of Tanjung Tuan also borders Negeri Sembilan to the north. Its capital Malacca City is southeast of Malaysia's capital city Kuala Lumpur, northwest of Johor's largest city Johor Bahru and northwest of Johor's second largest city, Batu Pahat. Although it was the location of one of the earliest Malay sultanates, namely the Malacca Sultanate, the local monarchy was abolished when the Portuguese conquered it in 1511. The head of state is the ''Yang di-Pertua Negeri'' or Governor, rather than a Sultan. Malacca is noted for its unique history and it is one of the major tourist destinations in Malaysia. With a highly strategi ...
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Penang
Penang ( ms, Pulau Pinang, is a Malaysian state located on the northwest coast of Peninsular Malaysia, by the Malacca Strait. It has two parts: Penang Island, where the capital city, George Town, is located, and Seberang Perai on the Malay Peninsula. They are connected by Malaysia's two longest road bridges, the Penang Bridge and the Sultan Abdul Halim Muadzam Shah Bridge; the latter is also the second longest oversea bridge in Southeast Asia. The second smallest Malaysian state by land mass, Penang is bordered by Kedah to the north and the east, and Perak to the south. Penang is the 8th most populated state in Malaysia. Its population stood at nearly 1.767 million , while its population density was as high as . It has among the nation's highest population densities and is one of the country's most urbanised states. Seberang Perai is Malaysia's second-largest city by population. Its heterogeneous population is highly diverse in ethnicity, culture, language and religion. As ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Federated Malay States
)Under God's Protection , capital = Kuala Lumpur1 , religion = Islam , legislature = Federal Legislative Council , type_house1 = State level , common_languages = , title_leader = Monarch , leader1 = Victoria , year_leader1 = 1895–1901 (first) , leader2 = George VI , year_leader2 = 1936–1946 (last) , title_deputy = Resident General , deputy1 = Sir Frank Swettenham , year_deputy1 = 1896–1901 (first) , deputy2 =Hugh Fraser , year_deputy2 = 1939-1942 (last) , stat_pop2 = 1,597,700 , stat_year2 = 1933 , currency = Straits dollar until 1939Malayan dollar until 1953 , today = Malaysia * Perak *Selangor *Kuala Lumpur * Putrajaya * Negeri Sembilan *Pahang , footnotes = 1 Also the state capital of Selangor ² Malay using Jawi (Arabic) script ³ Later Chief Secretaries to the Government and Federal Secretaries The Federated Malay Sta ...
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