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Daily Job Vacancies UPDATE!!!.




Jobs Vacancy Pos Malaysia Berhad

Written By Admin on Sunday, January 23, 2011 | 10:52 AM

Pos Malaysia Berhad has come a long way and we are now accelerating our transformation journey, in perfect sync with the Goverment's push to leverage on GCLs as the nation's growth engine.We emplay more than 15,000 people at more than 700 outlets, reaching 6 million address nationwide. With solid financial standing, we continue to deliver to our stakeholders the good performance that they expect, year in and year out.We are looking for highly dynamic professionals who are resutls driven to join us in the following:

1. SENIOR ASSISTANT MANAGER/MANAGER CORPORATE PLANNING
    (Kuala Lumpur)

Responsibilities :
- Assist the Management in formulating strategic plans and translating the key strategic plans and translating the key strategies into detailed action plans.
-Conduct market research, benchmarking for industry and competitor analysis to facilitate business planning and strategy formulation process.
-Active participate in timely review of business and operational performance.
-Analyse business issues to help improve business performance.
-Participate in business evaluation for any corporate ventures,market and feasibility studies,valuations,business proposals,negotiations,JV agreements,shareholders agreements and operational agreements.

Requirements:
-Candidate must possess at least a recognized degree in Busines Studies/Management/Accounting/Finance or equivalent.
-Ideally having a minimum of 3 years of relevant working working experiences.
-High proficiency in business writing.
-Creative and resourceful as well as able o function both independently and as an effective team player.
-Passionate learner with a can-do attitude.
-Must function well under pressure and able to meet tight deadlines.

Interested applicants meeting the above criteria shall send their complete resume starting current and expected salary along with non-returnable passport-size photo before 8 FEBRUARY 2011, via email at personelhqs@pos.com.my or write-in to:

RECRUITMENT & STAFFING UNIT
GROUP HUMAN RESOURCE
POS MALAYSIA BERHAD
HEADQUARTERS, LEVEL 8, KOMPLEKS DAYABUMI
50670 KUALA LUMPUR

For write-in application, please indicate the position applied for at the top left-hand corner of the envelope All applicants will be treated in strict confidence
Only short-listed candidates will be notifield

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Blog Archive

How Forex Brokers Work

Like any other business in the history of business, your broker’s raison d’etre, is to make as big a profit as possible. There are about as many ways to go about this as there are brokers. For those who are in it for the long haul, however, it is generally best to adopt a set of practices which are deemed fair by their clients: certain boundaries are set, and operating beyond them can cost a brokerage its reputation, and along with it its clients. Straying outside these boundaries, therefore, is not considered as being in line with the long term goals of the business. How strictly these boundaries are enforced, especially when there is little chance of clients ever even becoming aware of any transgression, again varies from business to business. For the sake of simplicity, in this article we assume that everyone in the business is squeaky clean, as if every client could peek into the broker’s back office at any time and dissect every trade. This is obviously not the case, and many brokers do take advantage of this opaqueness, but the details of that are best left for another discussion.

So without further ado, let’s get into the details of how forex brokers function. Somewhat removed from the top-tier interbank market, retail forex brokers are there to provide a service that would otherwise not be available, that is, giving an investor with a $10,000 bankroll the chance to speculate in the up-until-recently very exclusive forex market. There are generally considered to be 2 types of brokers providing access at the retail level: Electronic Communications Networks (ECNs) and Market Makers. ECNs are generally somewhat more exclusive, requiring larger deposits to get started, but are seen as providing more direct access to the interbank market. As we will see, there are certainly advantages to this, but some disadvantages as well. Market makers, on the other hand are more often than not, the counter party to their clients’ trades, creating somewhat of a conflict of interest, whereas ECNs profit from commission fees charged directly to the clients, regardless of the result of any trade, they are seen as being completely impartial – an ECN has no incentive for a client to lose money. In fact, one could argue that an ECN stands to profit more if a client is successful, meaning that s/he will stay around longer and they will be able to collect more commission fees from them. A market maker, on the other hand, being the counterparty to a client’s trade, makes money if the client loses money, providing an incentive for some shady practices, particularly in an unregulated market. The extent to which this happens varies among individual brokers. There are also some benefits to trading with a market maker (see our ECNs vs. Market Makers article) Some brokers also provide a service that doesn’t quite fit into either category – they route different orders differently, depending on complex algorithms, or on a dealing desk, that analyze each order and attempt to fill it in the way that will be most beneficial to the broker’s bottom line. They can offset some client orders against one another, effectively creating an in-house market, they can choose to be the counterparty to a client’s trade (trade “against” the client), or they can offset their position with a hedge through a higher-tier counterparty. Note that the market maker is mainly concerned with managing its net exposure, and NOT with any single individual’s trades. They are NOT gunning for your stop losses specifically, but may be gunning for clusters of stops.