'A commodity exchange
shall maintain, at all times, liquid net worth amounts of a type acceptable to the Authority, which shall be adequate in relation to the nature, size and complexity of the business of that commodity exchange
to ensure that there are no significant risks that liabilities may not be met as they fall due."
Major organization : OPEN JOINT STOCK COMPANY BELARUSIAN UNIVERSAL COMMODITY EXCHANGE
The tax on income of brokerage firms of commodity exchanges
, which will be implemented since Jan.
With an estimated one million farmers, in the next 18 months set to be integrated into the Ghana Commodity Exchange
and Warehouse Receipt System, President Akufo-Addo stressed that, Ghanaian farmers will gain access to secured storage for their harvest and good warehousing management practices, substantially reducing their post-harvest loses and improving their take home sales; affordable short-term loans using their commodities as sole collateral, as well as managing borrowers' credit and default risks; and daily real time market and price information directly via text messaging.
The MD lamented limited funding as a hindrance to smooth commodity exchange
. 'In co-operate commodity exchange
, the staff should be out relating to the farm operations, our commodity business is not to sit down in the office alone, you need to be out there sensitizing the people and telling them the reason why they should trade on exchange, the gains that are there and why they should leave what they are doing and tow another line, they need constant education and we need a whole a lot of money for that alone.
In line with this objective, the Exchange is striving to explore collaboration opportunities with regional commodity exchanges
for enhancing trade among the countries".
We find this surprising because the permission was granted 15 years ago when the country did not have a pan-India commodity exchange
The regulations did not assign a specific party to establish the commodity exchange
. It is possible to assign it to the Egyptian Exchange (EGX) or any subsidiary of the Ministry of Supply and Internal Trading.
Precious metals: The other commonly traded commodities are precious metals such as gold, silver and platinum and they are traded in the New York Mercantile Exchange (NYMEX), the Brazilian Mercantile and Futures Exchange (BMF), the Dubai Gold and Commodities Exchange (DGCX), the National Commodity Exchange
Limited (in Karachi, Pakistan) and the Tokyo Commodities Exchange (TOCOM).
The company maintains full member status of Shanghai Futures Exchange (SHFE), Zhengzhou Commodity Exchange
(CZCE), and Dalian Commodity Exchange
(DCE); and is one of the first companies to gain general clearing member status of China Financial Futures Exchange (CFFEX).
17 -- Multi Commodity Exchange
of India Ltd (MCX) organised a commodity awareness programme in association with the Forward Markets Commission (FMC) and The Jewellers Welfare Association Mulund (Regd.) at Mumbai on Friday, November 14, 2014.
With the approval of the State Council and the authorization of China Securities Regulatory Commission, China Financial Futures Exchange (CFFEX) was jointly founded by Shanghai Futures Exchange, Zhengzhou Commodity Exchange
, Dalian Commodity Exchange
, Shanghai Stock Exchange and Shenzhen Stock Exchange on September 8, 2006 in Shanghai.
Summary: With her new company, Eleni Gabre-Madhin aims to take the commodity exchange
momentum that started with the Ethiopian Commodity Exchange
, to the rest of Africa.
He said that NTDC is willing to clear outstanding dues of Iran on account of supply of electricity to border areas and in this regard, Commerce Ministry is taking appropriate steps for commodity exchange
International Resource News-July 4, 2014--Republic Metals brand added to Commodity Exchange
's Official List of Approved Brands' for silver