Remisiers reinvent themselves in Singapore’s equity push
Discussions have been held on evolving the remisier’s business model from a purely transactional one to a discretionary managed trading services mode
Add BT as a preferred source
[SINGAPORE] As the Republic ramps up efforts to revitalise its equities market, one group – remisiers – has often been criticised for refusing to move with the times.
However, the remisier community is stepping up with the profession undergoing a period of transformation and potential rebranding.
The Society of Remisiers (Singapore), or SRS, has held early-stage discussions with the Monetary Authority of Singapore (MAS), Singapore Exchange (SGX), and the Securities Association of Singapore on evolving the remisier’s business model from a purely transactional one to a discretionary managed trading services mode.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
