commodities market
commodities market has several lexical values, which we here present. Mainly commodities market is a place of permanent trades a certain товаром. commodities market is the trading intermediary, which contributes to the fact that between buyers and sellers securities, commodities, currencies - goods - committed transactions.
commodities market is an Association of legal and natural persons that are engaged in the organization of these tenders, as well as the development of rules of trade. And, finally, a commodity exchange is a special mechanism for the formation of prices, which in turn is the main feature of the commodity exchange is in the state's economic infrastructure.
Of all of the above is possible to make one - the versatility of the commodities market. Proceeding from this, let us highlight the main functions of the commodities market:
1. Organization of the process of the goods purchase and sale of goods.
As you understand, the essence of it is not only to provide a place for the trade of goods, but also to organize a proper meeting of the buyer and the seller of the goods.
2. Control speculation.
Is carried out in the course of open trades, the mass of transactions, at a time when any of the buyers the right to purchase the interest of his goods on the commodity exchange.
3. Insurance.
By trading on the commodity exchange of derivatives, which is a price adjustment, providing for the mutual reduction of risk.
Auxiliary functions commodities market:
1. Development of model contracts for the participants of the commodity exchange, which help in the time of the transaction.
2. The provision of various services to the needy customers.
3. Quotations of the prices, which in its basis keeps the market demand and supply.
4. The participants of the commodity exchange procedures of simplified calculations, which gives the possibility to save time.
5. Securing the standards for goods, which are presented on a commodity exchange.
6. Issue of bulletins with the information on the prices of those or other goods, sold at the commodity exchange.
7. Establishment of rules of trade in goods, as well as fixing the customs of the trade in goods, which, as a fact, lead to the efficient functioning of trades on commodity exchange
