Q.What is meant by Remisers ?

Remisers are agents of a stockbroker who bring in business and earn a share of the brokerage.

Meaning (points for a 2-mark answer):

• A remiser is a person who acts as an agent (sub-agent) of a member/broker of a stock exchange. He is not himself a member of the exchange.
• His main job is to canvass and bring in business — that is, to secure clients and pass on their buy/sell orders to the broker with whom he is associated.
• In return, a remiser is paid a commission, usually a share of the brokerage earned by the broker on the business the remiser brings. …