Commodity exchange may refer to Commodities exchange , any exchange where various commodities and derivatives products are traded. Commodity markets , for the markets trading on commodities in general. See also Commodity Exchange disambig ... more details
A commodity pool is an investment structure where many individual investors combine their moneys and trade in futures contract s as a single entity in order to gain leverage. They are analogous to mutual fund s wherein a fund is similarly set up expressly for trading in Stock equity , except that mutual funds are open to public subscription whereas commodity pools and hedge fund s are private. Commodity pools are also called managed futures funds . The name commodity pool is a National Futures Association NFA legal term. In the United States , the Commodity Futures Trading Commission CFTC and the NFA, as opposed to the Securities and Exchange Commission , regulate commodity pools. Many hedge funds are commodity pools. Funds that trade in commodities, which include many of the largest funds engaged in macro strategies, are registered with the Commodity Futures Trading Commission as commodity pools and as commodity trading advisor s CTAs . In an address to the Securities Industry Association in 2004, Sharon Brown Hruska, acting director of the CFTC, said that 65 of the top 100 funds in 2003 were commodity pools, and 50 out of the 100 largest hedge funds were CTAs in addition to being commodity pools. ref http www.cftc.gov opa speeches04 opabrown hruska 22.htm Sharon Brown Hruska s 2003 speech to the Commodity Futures Trading Commission ref See also List of traded commodities Managed futures account References references hedge funds DEFAULTSORT Commodity Pool Category Commodities market ... more details
Refimprove date February 2008 Context date February 2008 A commodity swap is an agreement whereby a floating or market or spot price based on an underlying commodity is exchanged for a fixed price over a specified period. A Commodity swap is similar to a Fixed Floating Interest rate swap . The difference is that in an Interest rate swap the floating leg is based on standard Interest rates like LIBOR, EURIBOR etc. but in a commodity swap the floating leg is based on the price of underlying commodity like Oil, Sugar etc. No Commodities are exchanged during the trade. In this swap, the user of a commodity would secure a maximum price and agree to pay a financial institution this fixed price. Then in return, the user would get payments based on the market price for the commodity involved. On the other side, a producer wishes to fix his income and would agree to pay the market price to a financial institution, in return for receiving fixed payments for the commodity. The vast majority of commodity swaps involve oil . Category Commodities market econ term stub lt aliav apsikeitimo sandoris ... more details
A commodity chain is a process used by business entity firm s to gather resource s, transform them into goods or commodity commodities and, finally, distribute them to consumers. It is a series of links connecting the many places of production and distribution and resulting in a commodity that is then exchanged on the world market. In short, it is the connected path from which a good travels from producers to consumers. Commodity chains can be unique depending on the product types or the types of markets. Different stages of a commodity chain can also involve different economic sectors or be handled by the same business. http people.hofstra.edu geotrans eng ch5en conc5en ch5c3en.html A number of commentators have remarked that in the Internet age commodity chains are becoming increasingly more transparent. The Wikichains.com project has adopted the same wiki technology used by Wikipedia in order to help make commodity chains more transparent. They are a network of labour and production processes whose end result is a finished commodity . William Jones Esq. econ stub Category Marketing small de Produktionskette es Cadena productiva eu Ekoizpen prozesu pt Cadeia produtiva ... more details
unsourced date November 2007 In the field of economics , the commodity value of a economic good good is its free market Intrinsic value ethics intrinsic value under optimal use conditions. In a free market, the commodity value of a good will be reflected by its price. For example, if an acre of land can yield a net of 100 dollars loss by lying fallow , 50 dollars gain by being planted with corn, and 100 dollars gain by being planted with wheat, then that acre s commodity value is 100 dollars the farmer is assumed to put his land to best use. Currency Commodity value is of particular significance in the study of currency. For example, the commodity value of a coin is the value of the metal of which it is made. Gold and silver coins have a high commodity value, whereas fiat money fiat coins such as modern day Quarter United States coin quarters have a low commodity value. This is of particular historical relevance when analyzed in light of Gresham s Law . Debt Asset backed debt has a commodity value equal to the price of the Collateral finance collateral a loan backed by a house has a commodity value equal to the free market price of the house. Non collateralized debt, on the other hand, does not have a commodity value it is valuable only insofar as it is repaid. Investment Commodity value is an important consideration in hedging against inflation . Whereas fiat currencies can devalue, often hyperinflation catastrophically , currencies with considerable commodity value are known to better maintain their value a government can print as many fiat bills as it wants with relative ease, the same is not true of mining precious metals . This leads some investors to purchase goods and debts with high commodity value, which are inherently safer than those with low, or no commodity value, minimizing risk by sacrificing potential return. See also Gold as an investment Category Commodities used as an investment Category Business terms economic term stub ... more details
In United States federal agricultural policy, the term commodity programs is usually meant to include the commodity price and income support programs administered by the Farm Service Agency and financed by the Commodity Credit Corporation CCC . The commodities now receiving support are those receiving Direct and Counter cyclical Program DCP payments, specifically wheat, corn, grain sorghum, barley, oats, upland cotton, rice, soybeans and other oilseeds, and peanuts those eligible for nonrecourse marketing assistance loans , which includes the previous mentioned commodities plus wool, mohair, honey, dry peas, lentils, and small chickpeas and those having other unique support, including sugar, and milk. A broader phrase that includes these commodity programs and other assistance is farm program s. See also Target price Loan commodity References CRS article Report for Congress Agriculture A Glossary of Terms, Programs, and Laws, 2005 Edition url http ncseonline.org nle crsreports 05jun 97 905.pdf author Jasper Womach DEFAULTSORT Commodity Programs Category Agricultural subsidies ms Program komoditi ... more details
A commodity broker is a firm or individual who executes orders to buy or sell Commodity market commodity ... who trades for his own account is called a Trader finance trader . Commodity contracts include ... who trade commodity contracts are either Hedge finance hedgers using the derivatives markets to manage ... While historically commodity brokers traded grain and livestock futures contracts, today commodity ... of commodity contracts traded are financial derivatives with financial underlying assets such as stock indexes and currencies. Types Firms and individuals who are often collectively called commodity brokers include Floor Broker Trader an individual who trades commodity contracts on the floor ... of his employer, he is acting in the role of a trader. Floor trading is conducted in the pits of a commodity ... or individual that solicits or accepts orders for commodity contracts traded on an exchange and holds ... ref a firm or individual that solicits or accepts orders for commodity contracts traded on an exchange ... associated with the IB. Commodity Trading Advisor CTA ref National Futures Association CTA http www.nfa.futures.org NFA compliance NFA commodity trading advisors index.HTML ref a firm or individual that, for compensation or profit, advises others, on the trading of commodity contracts. They advise commodity pools and offer hedge fund managed futures accounts. Like an IB, a CTA does not hold customer ... s trading objectives. A CTA is generally the commodity equivalent to a financial advisor or mutual fund manager. Commodity Pool Operator CPO ref National Futures Association CPO http www.nfa.futures.org NFA compliance NFA commodity pool operators index.HTML ref a firm or individual that operates commodity pools advised by a CTA. A commodity pool is essentially the commodity equivalent to a mutual fund. Registered Commodity Representative RCR Associated Person AP an employee, partner or officer ..., CTA, or CPO. This is the commodity equivalent to a registered representative . Regulation A single ... more details
Unreferenced date February 2008 A soft commodity is a commodity such as coffee , Cocoa bean cocoa , sugar , Maize corn , wheat , soybean and fruit . This term generally refers to commodities that are grown, rather than mined. Soft commodities play a major part in the futures market . They are used by farmers wishing to lock in the future prices of their Crop agriculture crops , by commercial purchasers of the products, and by speculative investors seeking a profit. Sometimes the term soft is restricted to commodities which are identified as primarily tropical, such as coffee, cocoa, sugar, cotton, and orange juice. See also Hard commodity Category Commodities used as an investment Category Financial terminology finance stub ... more details
Unreferenced date November 2008 Commodity plastics are plastics that are used in high volume and wide range of applications, such as film for packaging, photographic and magnetic tape, beverage and trash containers and a variety of household products where mechanical properties and service environments are not critical. Such plastics exhibit relatively low mechanical properties and are of low cost. The range of products includes Plates, Cups, Carrying Trays, Medical Trays, Containers, Seeding Trays, Printed Material and other disposable items. Examples of commodity plastics are polyethylene , polypropylene , polystyrene , polyvinyl chloride , polymethyl methacrylate , polyethylene terephthalate and more. Additional reading Engineering plastic s Haugan, Harold W. Fantastic Plastics Welcome Aboard Exposition Press Books, 1974 DEFAULTSORT Commodity Plastics Category Plastics polymer stub ... more details
Multiple issues expert September 2010 refimprove September 2010 orphan December 2010 mergeto List of traded commodities date September 2010 Commodity chemicals is a group of chemicals including Alcohol , Amines , Betaines , Fatty alcohols , Acids , Wax , Oils and Petrolatum , Quats , Solvents , Surfactants . This subsector is differentiated from the rest of the chemical sector primarily by bulk. The object is to carry out chemical transformations on a massive scale, producing relatively simple molecules at the lowest possible cost. Lowering environmental impacts in commodity chemical production involves large capital expenditures and long time horizons. ref http ecm.ncms.org ERI new IRRcommchem.htm ref references DEFAULTSORT Commodity Chemicals Category Chemical substances Category Commodities market chem stub ... more details
of Trade Futures market Commodity markets are markets where raw or primary products are exchanged. These raw ... commodity markets. It covers physical product food, metals, electricity markets but not the ways that services, including those of governments, nor investment, nor debt, can be seen as a commodity ... commodity money and the more complex instruments offered in the commodity markets. See List of traded commodities for some commodities and their trading units and places. History The modern commodity ... November 2008 For a commodity market to be established, there must be very broad consensus on the variations ... of commodity markets is hard to overestimate. Through the 19th century the exchanges ... November 2008 Early history of commodity markets Historically, dating from ancient Sumer ian use of sheep or goats, other peoples using pigs, rare seashells, or other items as commodity money , people ... itself more smooth and predictable. citation needed date January 2011 Commodity money and commodity .... This made them a form of commodity money more than an IOU debt I.O.U. but less than a guarantee ..., but the contracts remained on flat tablets. This represented the first system of commodity accounting ... traded commodities in 2009, up on its 40 share in the previous year. Commodity assets under management ... Trading report ref Commodity as a new asset class for pension funds and SWFs In order to further ... to real assets such as a commodities and commodity related infrastructure. ref name turkishweekly ... such as the World Pensions Council WPC have argued that, unlike previous recession ary cycle s, commodity ... and delivery due to technical constraints. Spot trading normally involves visual inspection of the commodity or a sample of the commodity, and is carried out in markets such as wholesale marketing wholesale markets . Commodity markets, on the other hand, require the existence of agreed standards ... between two parties to exchange at some fixed future date a given quantity of a commodity for a price ... more details
Unreferenced date May 2010 Commodity production is the production of wares for sale. It is a type of production ... or services sold as products , but often the use of the term commodity production is restricted to the production of goods. The word commodity came into use in English in the 15th century, from the French ... variously appropriateness , proper measure, time or condition and advantage, benefit . Normally commodity ... and their value is expressed in money prices. Because commodity production is aimed at trading the products ..., and that products for which there is no market are unlikely to be produced. Commodity producers ... provided are not commodities, but in reality they might provide a vital input into a commodity ..., forestry products, fishing products and mineral products metals, oil, gas, ores . The commodity ... and exclusively to the production of primary products , and not just to any vendible commodity. Statistical usage In statistical reports, the broad definition of commodity production is the mass ... a list of types of commodity production can be obtained in this sense. Marxian usage The use of the term commodity in the sense of wares for sale or merchandise was made famous especially by Karl Marx s analysis of the commodity form in the opening chapter of Das Kapital . Marx follows but also ... use value , arguing that in commodity production this distinction maps onto the distinction ... commodity production in which most production is organized for the purpose of trading the products. In Marxist theory and Marxian economics the term commodity production continues to be widely used, and has a specific scientific meaning see commodity Marxism , commodification , commodity fetishism , and simple commodity production . The production of goods as commodities or in the form of commodities ... by Marxists between commodity production in general , and specifically capitalist commodity ... sorts of reasons, but capitalist commodity production involves specific relations of production ... more details
Image Manillaokhapo.JPG thumb An okpoho or manillas manilla , the traditional commodity money in West Africa until the 1940s. Commodity money is money whose Value economics value comes from a commodity ... to one another, in various commodity valuation or price system economies. Aspects Commodity money is to be distinguished ... for the underlying commodity, but only as the trade is good for that source and the product. A key feature of commodity money is that the value is directly perceived by the users of this money, who ... the barrel at hand. This thinking guides the modern commodity market s, although they use a sophisticated ... type of commodity. Since payment by commodity generally provides a useful good, commodity money .... Harv Radford 1945 described the establishment of commodity money in Prisoner of war camp World War ... example, in U.S. prisons, after smoking was banned in about 2003, commodity money has switched ... standard In situations where the commodity is metal, typically gold or silver , a government mint ... . The role of a mint and of coin differs between commodity money and fiat money . In situations where there is a commodity money, the coin retains its value if it is melted and physically ... does, arose in the market as a useful and scarce commodity and began to serve as a general medium ... widespread use of commodity money was tobacco, which served as money in Virginia. The pound of tobacco ... rothbard rothbard260.html Commodity Money in Colonial America , LewRockwell.com ref blockquote ... from commodity to representative to fiat money, with people trading in other goods being forced to trade ..., cigarettes became used as a form of commodity money in some areas. Cigarettes are still used as a form of commodity money in U.S. prisons Harvnb Lankenau 2001 p 142 concludes that where jails don t ban ... of commodity money File Japan commodity money before the 8th century.jpg thumb 300px Japanese commodity ... form of Japanese currency . Although some commodity money barley , has been used historically in relations ... more details
Foreign Exchange A commodity currency is a name given to Currency currencies of countries which depend heavily on the export of certain raw materials for income. These countries are typically Developing country developing countries , eg. countries like Burundi , Tanzania , Papua New Guinea but also include Developed country developed countries like Canada and Australia . In the foreign exchange market , commodity currencies generally refer to the Australian dollar , Canadian dollar , New Zealand dollar , Norwegian krone , South African rand , Brazilian real , and the Chilean peso . See also Gold standard Hard currency Private currency Representative money Reserve currency Silver standard External links http www.imf.org external pubs ft fandd 2003 03 cash.htm IMF s study on commodity currencies econ stub Category Currency Category Money fr Monnaie mati res premi res ru ... more details
Commodity computing or Commodity cluster computing is to use large numbers of already available computing ... Ranawake publisher Goddard Space Flight Center location http spacejournal.ohio.edu title Commodity ... quote The purpose of commodity cluster computing is to utilize large numbers of readily available computing ... far exceeds any expectation of meeting that need. ref It is computing done in commodity computers as opposed to high cost supermicrocomputers or boutique computers. Commodity computers are computer ... are said to be based on commodity components, since the standardization process promotes lower costs and less differentiation among vendors products. A governing principle of commodity computing .... The move towards commodity computing began when Digital Equipment Corporation DEC introduced the PDP ... with the introduction of the first commodity like microcomputer, the Apple II . With the development ... PC was introduced in 1981 and immediately began displacing Apple II s in the corporate world, but commodity ... door and commodity computing was well established. During the 1980s microcomputers began displacing ... a few manufacturers of non commodity computer systems today. Today, there are fewer and fewer general business computing requirements that cannot be met with off the shelf commodity computers. It is likely ... powerful commodity microcomputers. Characteristics of commodity computers A large part of the current commodity computing marketplace is based on IBM PC compatible s. This typically means systems ... drivers. Some of the general characteristics of a commodity computer are Shares a base instruction ... s commodity computers include ATX motherboard form factor. Built in interfaces for floppy drive s, Advanced ... PCI slots for expansion. Some characteristics that are becoming common to many commodity computers and may become part of the commodity computer definition Built in Ethernet interface. Built ... server s, server farm s, and computer cluster s are also computer architecture s that exploit commodity ... more details
Commodity certificates are payments issued by the Commodity Credit Corporation CCC in lieu of cash payments to participants in farm subsidy or agricultural export programs. Holders of certificates are permitted to exchange them for commodities owned by the CCC. Alternatively, farmers may buy certificates and use them to settle marketing assistance loan s as a way of avoiding per person payment limits on marketing loan gains and loan deficiency payments LDPs . References CRS article Report for Congress Agriculture A Glossary of Terms, Programs, and Laws, 2005 Edition url http ncseonline.org nle crsreports 05jun 97 905.pdf author Jasper Womach Category United States Department of Agriculture ... more details
one source date May 2010 Financial risk types Commodity risk refers to the uncertainties of future market value s and of the size of the future income , caused by the fluctuation in the prices of commodity commodities . ref citebook title Financial Sector Assessment author International Monetary Fund year 2005 publisher ISBN 0821364324 ref These commodities may be grain s, metal s, gas , electricity etc. A commodity enterprise needs to deal with the following kinds of risks Price risk Risk arising out of adverse movements in the world prices, exchange rates, basis between local and world prices Quantity risk Cost risk Input price risk Political risk Groups at Risk There are broadly four categories of agents who face the commodities risk Production, costs, and pricing Producers farmers, plantation companies, and mining companies face price risk, cost risk on the prices of their inputs and quantity risk Buyer s cooperatives, commercial traders and trait ants face price risk between the time of up country purchase buying and sale, typically at the port, to an exporter. Exporter s face the same risk between purchase at the port and sale in the destination market and may also face political risks with regard to export licenses or foreign exchange conversion. Governments face price and quantity risk with regard to tax revenues, particularly where tax rates rise as commodity prices rise generally the case with metals and energy exports or if support or other payments depend on the level of commodity prices. See also Fuel price risk management Sprott Molybdenum Participation Corporation Uranium Participation Corporation References refs Financial risk Category Financial risk Category Commodities Risk ... more details
of political economy , a commodity is any good or service products of activities ref Karl Marx ... goods. Marx s analysis of the commodity in German Kaufware , i.e. merchandise, ware for sale ... economists. Citation needed date May 2012 Characteristics of commodity quote Man really attains the state ... as a commodity. Che Guevara ref A letter from Che Guevara to Carlos Quijano, published as From Algiers ... 03 man socialism.htm Socialism and Man in Cuba ref In Marx s theory, a commodity is something that is bought ... its use. A commodity also has a use value , ref Karl Marx, Capital Volume I , p. 35 and Capital contained ... of Karl Marx and Frederick Engels Volume 29, p. 270. ref It has an exchange value , meaning that a commodity ... the labor done to produce the purchased commodity . ref Karl Marx, Outlines of the Critique of Political ... To understand the concept of a commodity, consider a chair. It is a commodity if the chair ... sat upon in the forest is not a commodity, as it was not produced by human work for the purpose of trade. A chair created by a hobbyist as a gift to someone is not a commodity. Nor is a chair a commodity as a chair if its only use would be as firewood unless one purchases a chair specifically to chop it up for firewood . A chair that nothing could sit on, has no use value, and cannot be a commodity. An ornamental chair might yet however, have value. Historical origins of commodity trade ... Economic Seminar of Afro Asian Solidarity in Algiers, Algeria on February 24, 1965 ref Commodity trade .... Marx refers to this as simple exchange which implies what Frederick Engels calls simple commodity ... and more the case, and production increasingly becomes integrated in commodity trade. The product becomes a commodity and exchange value of the commodity acquires a separate existence alongside the commodity ... of Karl Marx and Frederick Engels Volume 28 , p. 102. ref Even so, in simple commodity production .... The transformation of a labor product into a commodity its marketing is in reality not a simple process ... more details
Orphan date February 2009 Electrochemical cell Cell s are individual cylindrical or rectangular energy storage devices inside a battery. Commodity cells are the kind of cells used in laptop s and cell phone s, as the energy storage element in its batteries. Cells that can be used by electronics manufacturers like Dell Computer just as they can be used by car companies. Production The auto industry battery consortium, USABC , set about to invent automotive batteries made from specialty cells for cars. Tesla Motors uses commodity cells to make their automotive batteries. This is why Tesla s battery is cheaper, higher capacity, more reliable, and more available than anything produced by USABC. It went into production for a fraction of the money previously spent by the consortium. Practically all commodity cells today are made in Asia mainly Japan, South Korea, and China. There is no significant production anywhere in the US. Even American battery companies such as A123 , Valence Technology and AltairNano turn to Asia for mass production. A modern lithium ion cell plant such as those in Japan is a highly automated affair with very low labor content. References http finance.senate.gov hearings testimony 2007test 050107testme.pdf External links http www.teslamotors.com Tesla Motors http finance.senate.gov sitepages hearing050107.htm electronics stub Category Battery electricity ... more details
In a commodity market, producers and consumers perceive each other via the goods that are bought and sold. Marxism In Marx s critique of political economy , commodity fetishism denotes the mystification ... things commodities and money . The concept of commodity fetishism plays a crucial role in Marx s theory ... their historical origin in commodity trade. ref In chapter 2 of Capital, Volume I , Marx explains that commodity trade and commodity production precede capitalist exchange and capitalist commodity production .... Marx, Capital, Volume I, Penguin ed. 1976, p. 273. Marx explains loc. cit. that commodity production ... value form of a commodity is mediated, namely by its relation to another commodity. Through this value form the value of the commodity is expressed as something completely distinct from its own sensible ... in this mode of production is equated with the commodity by those who have to deal with it. It is this that forms ... science of price movements . In this sense, the fetishization of commodity relationships ... reified perception people have, powerfully promoted by commodity fetishism, the effect of which ... known but unrelated theory of sexual fetishism led to new interpretations of commodity fetishism, as types ..., the commodity form increasingly invaded every kind of conscious human activity. ref Just as the capitalist ... that parallels to Marx s notion of the commodity for Debord, the spectacle made relations among ... then occurs when people begin to view their whole being as a marketable commodity, and regard ..., commodity fetishism is used to explain subjective feelings towards consumer goods in the realm ... a Porsche, this impacts negatively on your social standing. This interpretation of commodity fetishism ... will be interpreted. The concept of commodity fetishism is absolutely central in the literature ... of information and knowledge into a tradeable commodity or capital which is bought ... begins to substitute for the real one. Wolfgang Fritz Haug offers a critique of commodity aesthetics ... more details
Futures exchange s establish a minimum amount that the price of a commodity can fluctuate upward or downward. This minimum fluctuation trade increment is known as a tick or commodity tick . Hence, a tick is any fluctuation in the price of a security finance security ref cite web title Understanding the Ticker Tape url http www.investopedia.com articles 01 070401.asp publisher Investopedia ref . Each futures contract has a different size, quantity, valuation etc., so each tick size that can be applied to any one futures contract, is dependent on the previous variables. Tick size is important as it determines the possible prices available. For example, each tick for the grain market soybeans, corn and wheat is 0.25 cents per bushel, on one 5,000 bushel futures contract. class wikitable Tick values for some popular contracts as of June 2010 ref http www.cmegroup.com CME Group ref Futures Product Contract Size Tick Size Tick Value E mini S&P E Mini S&P 500 Chicago Mercantile Exchange CME 50 x index 0.25 12.50 NASDAQ futures E Mini NASDAQ CME 20 x index 0.25 5.00 Australian Dollar A 100,000 0.0001 10.00 ref http www.cmegroup.com trading fx g10 australian dollar contract specifications.html CME Australian Dollar contract specifications ref British Pound 62,500 0.0001 6.25 Canadian Dollar CME C 100,000 0.0001 10.00 Euro FX CME 125,000 0.0001 12.50 Japanese Yen 12,500,000 0.000001 12.50 Mexican Peso MP 500,000 0.000025 12.50 New Zealand Dollar NZ 100,000 0.0001 10.00 Swiss Franc SF 125,000 0.0001 12.50 30 Day Fed Funds 5,000,000 annualized 0.00005 20.835 2 Year Treasury Note 200,000 1 4 of 1 32 15.625 5 Year Treasury Note 100,000 1 4 of 1 32 7.8125 10 Year Treasury Note 100,000 1 2 of 1 32 15.625 ref http www.cmegroup.com trading interest rates us treasury 10 year us treasury note contract specifications.html CME 10 year Note contract specifications ref 30 Year Treasury Bond 100,000 ... commodity futures options contract specs.htm Futures Contract Specifications Tick Values Category Derivatives ... more details
Merge from Commodity index fund date June 2010 A commodity price index is a fixed weight index or weighted average of selected commodity prices, which may be based on spot or futures prices. It is designed to be representative of the broad commodity asset class or a specific subset of commodities, such as energy or metals. The constituents in a commodity price index can be broadly grouped into the following categories Energy Metals Base Metals Precious Metals Agriculture Grains Softs Livestock Investors can choose to obtain a passive exposure to these commodity price indices through a total return swap . The advantages of a passive commodity index exposure include negative correlation with other asset classes such as equities and bonds, as well as protection against inflation . The disadvantages include a negative roll yield due to contango in certain commodities, although this can be reduced ... and base metals in the index. Indices http www.worldbank.org prospects commodities World Bank Commodity Price Index Continuous Commodity Index CCI http www.astmax.com index e.html Astmax Commodity Index AMCI Commin Commodity Index Dow Jones AIG Commodity Index Goldman Sachs Commodity Index Thomson Reuters Jefferies CRB Index Rogers International Commodity Index Standard & Poor s Commodity Index NCDEX Commodity Index Deutsche Bank Liquid Commodity Index Deutsche Bank Liquid Commodity Index DBLCI Credit Suisse Commodity Benchmark Index CSCB UBS Bloomberg Constant Maturity Commodity Index CMCI http gmi.ml.com mlcx Merrill Lynch Commodity index eXtra MLCX Articles http www.rogersrawmaterials.com overviewandanalysis.PDF Commodity Indexes Overview and Analysis by Rogers Raw Materials http www.roundstoneadvisors.com commodities.php?id 1&p 1 Research Database of Commodity Price Indices External links http www.dmoz.org search?q Commodity price index Commodity price index at the Open Directory Project Category Derivatives finance Category Commodity price indices de Rohstoffindex ... more details
Multiple issues orphan February 2010 unreferenced April 2008 Commodity trading in India has a long history. In fact, Commodity markets commodity trading in India started much before it started in many other countries. However, years of foreign rule , drought s and periods of scarcity and Government policies caused the commodity trading in India to diminish. Commodity trading was, however, restarted in India recently. Today, apart from numerous regional exchanges, India has four national commodity exchanges namely, Multi Commodity Exchange MCX , National Commodity and Derivatives Exchange NCDEX , National Multi Commodity Exchange NMCE and Indian Commodity Exchange ICEX . The regulatory body is Forward Markets Commission FMC which was set up in 1953. Useful resources links http www.fmc.gov.in Forward Markets Commission http www.nmce.com National Multi Commodity Exchange http www.icexindia.com Indian Commodity Exchange DEFAULTSORT Commodity Trading In India Category Commodities market in India India ... more details
The Commodity Exchange Authority was a former regulatory agency of USDA . It was established to administer the Commodity Exchange Act of 1936 it was the predecessor to the Commodity Futures Trading Commission CFTC . References CRS article Report for Congress Agriculture A Glossary of Terms, Programs, and Laws, 2005 Edition url http ncseonline.org nle crsreports 05jun 97 905.pdf author Jasper Womach Category United States Department of Agriculture ... more details
Commodity Exchange Act ch. 545, USStat 49 1491 , enacted June 15, 1936 is a federal act passed in 1936 by the U.S. Government replacing the Grain Futures Act of 1922 . The Act provides federal regulation of all commodities and futures trading activities and requires all futures and commodity options to be traded on organized exchanges. In 1974, the Commodity Futures Trading Commission CFTC was created as a result of the Commodity Exchange Act, and in 1982 the National Futures Association NFA was created by CFTC. See also Grain Futures Act National Futures Association Commodity Futures Trading Commission Futures exchange Futures contract Commodity Futures Modernization Act of 2000 External links http www.law.cornell.edu uscode 7 usc sup 01 7 10 1.html US Code Title 7 Chapter 1 Commodity Exchange Act Category United States federal financial legislation Category United States securities law Category History of the United States 1918 1945 Category Financial markets Category United States federal commodity and futures legislation Category 1936 in law ... more details