answersLogoWhite

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.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

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.


How can I buy commodity stocks?

To buy commodity stocks, you can open a brokerage account, research and select the commodity stocks you want to invest in, place an order to buy the stocks through your brokerage account, and monitor your investments regularly.


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.


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 commodity trading account for?

Platforms like Pax Market Funds simplify this process by offering funded trading accounts and market access to a wide range of commodities — enabling traders to build wealth strategically, without massive upfront capital. PAX MARKET FUNDS


What is a service brokerage company?

Brokerage company is called Broker. The brokerage allow trade for traders.


Which is the largest commodity exchange for commodity market?

Oil is that commodity.


What is brokerage journal entry?

Debit brokerage paidCredit cash / bank


Where can one find a commodities brokerage firm?

One can look to London where they would find the London Commodity Brokers. However, one can find a large number of brokers by simply looking around major towns and cities of not only Great Britain but the world.


Where do I get Trucking Brokerage software for cheap?

you can get Trucking brokerage software for cheap @ www.srimansoft.com