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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.

Offer price

A knowledgeable professor in finance would define the term "ask price" as the lowest price at which a dealer is willing to sell a commodity. This is an important concept to ...

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Commodity Pool

The pool is managed by a professional trader or a commodity pool operator, who makes investment decisions on behalf of the investors. Investors are required to contribute a c...

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Delivery date

The delivery date, also known as maturity date or expiration date, refers to the specific day in a month when commodities, in accordance with a futures contract, must be phy...

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NBOT

The National Board of Trade, or NBOT, is a multi-commodity exchange situated in Indore, India. It serves as a platform for buying and selling various goods, including agricu...

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