No more contra

[corydorus]

Another nail in the coffin for remisiers!

Long run protects them from harming themselves. Some can take short cut and take orders from big clients through their own account during Bull, and now bear significant liability when penny market comes down. I find this silly greed.

Personally, most trading tasks should by DIY. Monitoring and helping clients should be just administration services pay. I would prefer houses to focus on providing better administration services like servicing clients with very strong accountability as though is their own money, taking urgent service calls in 20 secs, really good charting and portfolio tools, linkages to reports and usability of their sites.

Specific tasks that needs help is to be allocated to premium customer and again by houses premium team not outsiders.

Days of Remisier should be over and they need to move themselves to roles like fund manager etc if they are really that good.