0
A commodity brokerage is a company that sets up deals between buyers and sellers of commodities, more specifically commodities futures and commodities options.
Easy example: You are the grain buyer for Wonder Bread. You need 100,000 bushels of wheat every month for the next year. You could spend your entire life going from grain elevator to grain elevator trying to scrounge up 10,000 bushels here and 5,000 bushels there...or you can call American Grain, tell them you need as much wheat as you do, and let them find it for you.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Where can one learn more on commodity brokerage?
One can learn more on commodity brokerage from Black Rock Commodities Investor Pack. A commodity brokerage can be a business or individual who can charge commission from clients for carrying out orders to sell or buy commodity contracts on their behalf.
Is milk a commodity or a product?
commodity
Is oil a commodity?
Yes oil is a commodity....
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.
How do you use commodity in a sentence?
Water is a commodity.
Where can one learn more on commodity brokerage?
One can learn more on commodity brokerage from Black Rock Commodities Investor Pack. A commodity brokerage can be a business or individual who can charge commission from clients for carrying out orders to sell or buy commodity contracts on their behalf.
Which brokerage firm is the best in Boston to handle commodity ETFS?
The best borkerage firm in the Boston area to handle commodity ETFS would be the Boston Brokerage Group. They have high ratings online.
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.
How may the commodity contracts brokerage industry be said to be important to the economy?
In 1997, 2,044 establishments operated under this industry classification, most of which were commodity contracts brokerages. The industry employed 17,763 people and generated $5.3 billion.
What are the essentials to a commodity trading system?
The essentials to a commodity trading system are being aware of the different commodities available, knowing risks for each option, and a good brokerage firm to trade through. If you want to trade those are the basic essentials.
How can someone apply for a commodity broker job?
Someone can apply to a commodity broker job online through many job search websites such as Indeed, Monster, Jobs, and Career Builder. They can also go through a brokerage firm that trades commodities.
What is a service brokerage company?
Brokerage company is called Broker. The brokerage allow trade for traders.
What is a group of Stocks called?
A Stock Brokerage or Stock Brokerage Firm.
What is brokerage journal entry?
Debit brokerage paidCredit cash / bank
Which is the largest commodity exchange for commodity market?
Oil is that commodity.
Where do I get Trucking Brokerage software for cheap?
you can get Trucking brokerage software for cheap @ www.srimansoft.com
What is a group of stock brokers called?
A Stock Brokerage or Stock Brokerage Firm.
