Hello,
What are remisiers? Are they sub-brokers and members of stock-exchange. Please help me out with the following CMA question :
Remisers are
a) Members of stock exchange
b) Speculators
c) Sub-brokrers
d) NOTA
There is confusion between a) and c). In scanner correct answer given is a) but text book defination given is "The sub-brokers employed by a member (sharebroker) to secure business are called remisers.
So, which one is correct??
Hello,
Remisers are Agents of Stock Exchange. Not members.
The correct answer is c. Remisers are Sub-Brokers!
Regards,
Subhash.
I dont think that remisers are sub brokers... by defination sub-brokers are quite different that remisers...Plz refer https://www.bseindia.com/members/remiser.aspx?expandable=1...
I think remisers are speculators...
CAclubindia
