answersLogoWhite

0

Agricultural products such as wheat, corn and soybean contracts are written with certain grade and other specifications as standardized contracts stating the quantity and quality of the product

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

In what commerce are commodity contracts brokers and dealers involved?

Commodities brokers and dealers are engaged in the trade of commodities on either a current, "spot," or a future basis. Commodities are typically agricultural, mineral, or other basic products


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 the pay structure for many securities brokers and commodities dealers?

For many brokers and commodities dealers, income is based on a salary and on commissions from the sale or purchase of stocks, bonds, or futures contracts.


What is the difference between securities brokers and securities dealers?

Securities brokers act as intermediaries who facilitate the buying and selling of securities on behalf of clients, earning commissions on these transactions. In contrast, securities dealers buy and sell securities for their own accounts, aiming to profit from price fluctuations. While brokers primarily serve clients by executing trades, dealers focus on maintaining inventory and market liquidity. This distinction highlights their different roles in the financial markets, with brokers emphasizing client service and dealers concentrating on market-making activities.


What is brokers and securities dealers?

Brokers and securities dealers are key participants in financial markets. Brokers act as intermediaries who facilitate transactions between buyers and sellers of securities, earning a commission for their services. In contrast, securities dealers buy and sell securities for their own accounts, profiting from the difference between the buying and selling prices. Both play crucial roles in ensuring liquidity and efficiency in the trading of financial instruments.


Who was let into the knights of labor organization?

Everyone but nonproductive people, such as liquor dealers, stock brokers, and gamblers


What are the 5 most unethical professions?

car dealers, politicians, lawyers, wall street brokers, insurance salesman


How are diamonds transported?

Diamonds are transported very securely and very secretly, whether by diamond brokers, dealers or consumers.


What are the different types of auto dealers?

There are three types of auto dealers. Wholesale dealers sell to wholesalers and auto dealers rather than to the general public. Retail auto dealers are allowed to sell to auto dealers like Wholesale dealers, but they can also sell to the public. Finally, Auto brokers are allowed to sell autos on behalf of a customer (consignment).


Does anyone buy geodes?

Although geodes are not traded as a commodity is traded, dealers and collectors are interested in purchasing good specimens.


Who issues the series 3 commodity and future trading license after you pass the exam?

NASD - National Association of Securities Dealers


How can brokers and dealers make money Which activity is riskier Why?

The dealer's function is riskier because the dealer must maintain an inventory of the asset and honor quotes to buy and sell.