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Commodity

Trade date

is known as the trade date. This date is important in the financial world as it determines when the transaction will be settled and when the funds will be exchanged.

Understanding the concept of trade date is crucial in the realm of finance. It refers to the date when a trade is carried out, with a specific value date in mind. This value date is significant, as it dictates the timeline for the settlement of the transaction and the exchange of funds. In simpler terms, the trade date sets the wheels in motion for the completion of a financial transaction. So, keeping track of trade dates is essential in managing financial operations effectively.

GNP

(GNP) is a measure of a country's economic output, including the value of goods and services produced by its citizens, both domestically and abroad. It is an important indica...

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Closing Price

Commodity prices are determined by the forces of supply and demand, which can fluctuate throughout the day. The closing price is the final value of a commodity at the end of...

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MSCCGMF

Limited, or MAFCO, is a co-operative society that deals with the marketing of cotton. Welcome to our lesson on MAFCO, the Maharashtra State Co-operative Cotton Growers Mark...

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Spot Commodity

This market is a physical or virtual marketplace where goods are bought and sold for immediate delivery at current market prices. A key term in the world of finance is the ...

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