0
In Commodity account who provides orders to buy or sell commodity contracts on behalf of clients and charges them a commission.
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
What is a commodity trading account for?
A commodity trading account is needed to trade commodities. One can use a commodity brokerage also, which would assist in the trading or purchasing of commodities.
What is a trade accounts payable?
It is the liability on an open account for the purchase of a commodity or service used in the regular course of business.
What do you mean by inflation account?
As in accounting inflation is the rise in price of any goods or commodity, which helps accounting to persue the relevant terms & condition according to the market condition.
What is commodity transaction tax?
This tax is 0.01 percent and it is assessed when trading non-agriculture commodity derivatives. It has the potential to affect the trading of metals, including gold and silver.
Why does Fiat money differ from commodity money?
Fiat money differs from commodity money because it is a more convenient form of money. It is easier to carry around paper money that it is to carry around gold or silver or other commodities. Fiat money is a promise to pay in the future while commodity money derives its value from the commodity of which it is made. Fiat money has value because the government declares that it has value. Fiat money only has value as a medium of exchange.
What is a commodity trading account for?
A commodity trading account is needed to trade commodities. One can use a commodity brokerage also, which would assist in the trading or purchasing of commodities.
What types of business are classified as commodity contracts brokers and dealers?
This industry classification includes establishments primarily engaged in buying and selling commodity contracts (futures) on either a spot or future basis for their own account or for the account of others
What is a trade accounts payable?
It is the liability on an open account for the purchase of a commodity or service used in the regular course of business.
What is a commodity futures trading brokers?
Commodity brokers specializing in futures and options trading offer charts, futures quotes,options prices, news, margin rates and advice. A firm or individual who trades for his own account is called a trader. Commodity contracts include futures, options, and similar financial derivatives.
Which is the largest commodity exchange for commodity market?
Oil is that commodity.
Is milk a commodity or a product?
commodity
What is the opposite of selling a commodity?
Buying a commodity.
What are the types of commodity?
Importance of commodity exchange
Is oil a commodity?
Yes oil is a commodity....
Where is National Commodity Exchange of India?
National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad. National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad.
What is a commodity trading system?
Commodity trading systems are methods to trade in the commodity market in a mechanical fashion. The system will automatically notify you when to buy and sell a commodity.
In commodity market which segment you have trade for profit?
In commodity market, the segment that you have trade for profit is the commodity segment.
