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The Commodity Exchange Act make it illegal to trade a contract for the purchase or sale of a commodity for future delivery a futures contract unless the contract is executed on a federally designated exchange .

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Q: What are the requirements for trading under commodity exchange?
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What is short run under the Keynesian macroeconomics?

the demand for commodity x cab be described as completely price inelastic if :


When an economy is operating under conditions of full employment why will the production of more of commodity A mean the production of less of commodity B?

It will occur because of the movement of workers from the production of one commodity to the other. Full employment means that there are no unemployed workers available. In this case, the hypothetical economy is a closed system. No new workers, materials, production facilities, money or markets can be introduced. Because it is operating under conditions of full employment, all the workers, raw materials, factories, money and customers are being fully utilized. Therefore, if we decide we need more Commodity A we have to steal workers, materials and production space from that allocated to Commodity B.


Fiscal and monetary policies under managed floating exchange rate regime?

Fiscal and monetary policies under managed floating exchange rate regimes?


What are over trading and under trading?

Over-trading and under-trading are facets of over and under-capitalization. Over trading is a curse to the business.Over-trading :A company which is under-capitalized will try to do too much with the limited amount of capital which it has. For example it may not maintain proper stock of stock. Also it may not extend much credit to customers and may insist only on cash basis sales. It may also not pay the creditors on time. One can detect cases of overtrading by computing the current ratio and the various turnover ratios. The current ratio is likely to be very low and turn over ratios are likely to be very higher than normally in the industry concerned.Under-trading :Under-trading is the reverse of over-trading. It means keeping funds idle and not using them properly. This is due to the under employment of assets of the business, leading to the fall of sales and results in financial crises. This makes the business unable to meet its commitments and ultimately leads to forced liquidation. The symptoms in this case would be a very high current ratio and very low turnover ratio. Under-trading is an aspect of over-capitalization and leads to low profit.


What factors are covered under ceteris paribus relation to demand of commodity?

Thing covered under CETERIS PARIBUS in relation to demand of commodity are-1. Habits, tastes and fashions remain constant.2. Income of the consumer does not change.3. Prices of related goods remain constant.4. Number of buyers remain constant.5. The commodity is a normal good and has no prestige or status value.6. People do not expect changes in the price.7. Price is independent and quantity demanded is dependent.

Related questions

What are the requirements for trading under commodity?

The Commodity Exchange Act make it illegal to trade a contract for the purchase or sale of a commodity for future delivery a futures contract unless the contract is executed on a federally designated exchange .


When was the CFTC established?

The Commodity Futures Trading Commission, established under the 1974 amendments to the Commodity Exchange Act, has far-reaching authority over a wide variety of commodity industry activities.


What are Four requirements for listing on the Australian Stock Exchange?

the requirments for listing under the Australian stock exchange bilal is to not use wikianswers it's haram


What is ticker symbol for General Motors when it opens tomorrow?

GM's common stock will begin trading on November 18, 2010, on the New York Stock Exchange under the ticker symbol "GM" and on the Toronto Stock Exchange under the symbol "GMM."


Do trading standards apply to car boot sales in the UK?

Trading Standards do apply to traders selling at car boot sales. Private individuals are only required to meet certain requirements under special cases. (See links below)


What is trading over-the counter?

The opposite of under the counter trading


What is over the counter trading?

The opposite of under the counter trading


Is Information Technology a commodity?

Information Technology is not a commodity. Information Technology is a service and that is why in some global stock indexes, IT stocks are classified under the service sector.


Do WikiAnswers stocks exist and if they do how much are they?

AnswerWikiAnswers.com and Answers.com are products of Answers Corporation which trades on the NASDAQ stock exchange under the symbol: ANSW. As of January 15, 2008 the stock is trading at $6.44.


When does Toronto stock exchange close?

The Toronto Stock Exchange and TSX Venture Exchange have trading hours of 9:30 a.m. to 4:00 p.m. ET, Monday to Friday, with the exception of stock market holidays (Canadian and some US). More information regarding the holidays can be found at www.tsx.com under "market activity".


Two trading partners of Canada under the NAFTA agreement?

The USA and Mexico are Canada's trading partners under the NAFTA agreement.


What is the goal of the SEC?

The SEC was organized under the Securities Exchange Act of 1934 to create fair market conditions in the securities markets by setting standards for and requirements of information from the issuer of the security to the general public.