commodity pricing
The exchange is involved in the identification and regulation of prices on all kinds of commodity concentration of demand and supply on the stock exchange, the conclusion of a large number of transactions excludes the impact of non-market factors on commodity pricing, make it as close to the real demand and commodity предложению. pricing is in the process of quotes, which is regarded as the most important function of the exchange. Under the quotation understand fixing commodity pricing for each day of its work, the registration of currency or securities, the price of the commodities.
Quotations of the prices is registration of exchange prices by exchange rules, with their subsequent publication.
More in detail this function we will look at below.
From here you can see another one of the components of the organization of the market - stabilization of prices:
- fluctuations in prices, caused by the divergence of real demand and real proposals, slightly elastic, is not repaid immediately, but rather have кумулятивностью - the ability to turn into a sharp fluctuations in prices. Exchange speculation is a mechanism not вздувания prices, and their stabilization
- an important factor of stabilization of the prices is the transparency of the transaction, a public setting prices at the beginning and the end of the day (exchange rate), the limitation of daily price fluctuation limits, established by the exchange rules. Related to this is the information activity of exchanges.
