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Commodity

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 Spot Commodity. Unlike its counterpart, the derivatives market, this is a market where goods are exchanged for immediate delivery at current prices. This can take place in a physical or virtual setting, making it a crucial aspect of the trading landscape. Understanding the intricacies of this market is essential for any financial professional.

BIS

The Bureau of Indian Standards, also known as BIS, is a national organization that sets and maintains quality standards in various industries in India. It was established in...

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NCDEXRAIN

Welcome to our class on finance related terms. Today, we will be discussing NCDEXRAIN, a rainfall index used by the National Commodity and Derivatives Exchange. This index m...

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FREIGHTEX

Freightex, a prominent index on NCDEX, serves as a benchmark for the freight rates per tonne on heavily trafficked routes spanning 1000 kilometers. This index provides a com...

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Bullion

Precious metal bars, commonly known for their standardized sizes, are physical representations of valuable commodities. These bars, made of gold, silver, and other precious ...

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