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Do remisers give presents to clients at year-end?
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hotokee
Veteran |
11-Feb-2010 13:18
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Mine too. He even hoped that I closed the account with his company. Indirectly by the way he behaved. Alas.
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Blastoff
Elite |
11-Feb-2010 13:06
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I don't receive anything from my remisers the whole year throughout.... Looks like I am just a small fish in his eyes! | ||||
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cathylmg
Elite |
11-Feb-2010 13:05
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But insurance and property line is more competitive as compared to stock brokering. So they see the need to maintain their customer network. This is the main difference.
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Sporeguy
Elite |
11-Feb-2010 12:59
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Normally, those on commission have to pay their company the Christmas & CNY cards, it may not be free. So brokers, insurance agents and housing agents generally have to pay those cards even though they are printed with their co logos, etc. | ||||
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cathylmg
Elite |
11-Feb-2010 12:44
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Remisers and brokers are not sales man, are not sales trained and have not marketing skills. This line is not as competitive like those in the insurance or property industry. So (excuse me!) besides not having the skills for retaining customers loyalty, they also do not see the need to provide extra touches. Unless somebody starts it and the herd mentality steps in and situation turns against their livelyhood. | ||||
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Laulan
Master |
11-Feb-2010 11:45
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Tks. But un4tunately there r no dream remisiers..
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battouchai
Member |
11-Feb-2010 11:35
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Laulan.. u r everyone's dream client!
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Laulan
Master |
11-Feb-2010 11:04
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I not bragging. My trades monthly earns the two brokerages regularly abt $2800 per brokerage firm. I never expected anything and surely got nothing except Christmas cards and Chinese New Year cards, and remember cards are free from their companies. My brokers probably trade themselves and lose money, so they don't want to spen unnecessarily, not even giving me a dairy like what my insurance co did, very beautifully printed ones. | ||||
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ozone2002
Supreme |
11-Feb-2010 10:48
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l leave that to ur vivid imagination.. :)
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battouchai
Member |
11-Feb-2010 10:31
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Hi WeiQiQi yes you have a point there. So weather they are remisier or dealers, they do get something for doing nothing in a sense. But to another, he/she may be calling the remisier/dealer daily and make use of his services. So it's akin to having something, paying the same cost as others but not using what's available to u. Oh I forgot that the remisier dont get the full comm, they gut a cut of think it's 40-50% of what's being charge. (Correct me if I am wrong here).
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WeiQiQi
Member |
11-Feb-2010 10:18
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Other than assuming credit risk, actually he/she doesn't do a single thing... we queue and execute the trades ourselves... so another way of looking at it is $200 per month for doing nothing!
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Hulumas
Supreme |
11-Feb-2010 10:07
Yells: "INVEST but not TRADE please!" |
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I received enough from them. Thank you for all my related brokers!
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nickyng
Supreme |
11-Feb-2010 10:03
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wow...need clarification on this point why female remisier is better leh...do they provide/give "special" service/gifts ahh? :P
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kingong
Senior |
11-Feb-2010 10:00
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dealer, broker or remister? which one will have more commission? thinking of becoming one one day. |
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battouchai
Member |
11-Feb-2010 09:35
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Hi Calculations Count yourself lucky that you even get a card from your dealer. I didnt get anything at all. On your question, given the impressions that I got from the press regarding the credit risk that the remisier have to assume and the low commission that they charge...come to think of it $1m a year of trades is not a lot. If your friend uses internet to trade, her remisier only receive $2750 a year or about $230 per month. But having said that, the remisier should have at least show some kind of appreciation regardless how small the token is. |
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ozone2002
Supreme |
11-Feb-2010 09:23
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i got shopping vouchers,cakes,lunches,greeting cards, calendars... quite a few.. must trade more frequent with ur broker .. if female broker better still .. :) keke |
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jchuatm
Member |
11-Feb-2010 08:44
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My remiser buys me Bak Kwa every CNY. Probably becos he was formerly my customer and I turned into his customer. Hehe | ||||
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hotokee
Veteran |
11-Feb-2010 08:21
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Striking lottery is easier than receiving a token from your remisiers. Not heard of such good gestured people (brokers and remisiers) in Singapore.
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Eldarchen
Member |
11-Feb-2010 06:12
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Answer is yes and some give out during xmas and some during CNY Amt varies and typically its the top few clients they give out the items to, not all. Top few clients meaning the top few traders or investors of that dealer's portfolio |
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Calculation
Senior |
11-Feb-2010 04:21
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A friend recently told me that she chalked up $1 million of trades last year; not sure how much commission her remiser made on those trades. I teased her that she should expect a hamper from her remiser. She said she did receive a Chinese New Year card from him. (My dealer sent me season's cards even in those years I hardly traded, so what was the big deal? - I was thinking in my mind.) The conversation raised my curiousity : Do dealers or remisers actually give presents to clients who traded above certain sum of contracts? I thought such practice should be sensible because you don't want to lose a good client (especially one who doesn't default payments)? Is there such a practice? How much trades is considered a high value client? |
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