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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.

Arbitration

Arbitration is a method of conflict resolution that involves a neutral third party, known as an arbitrator, who listens to the arguments of both parties and makes a decision...

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Commodity Index

The commodities included in the index can range from agricultural products to energy resources. A Commodity Index is a vital tool in the world of finance, used to track the ...

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OCEIL

Located in Ahmedabad, the Online Commodity Exchange India Ltd. is a renowned national multi-commodity exchange. It provides a platform for traders to buy and sell various com...

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CIF

(CIF) is a trade term used in international commerce where the seller is responsible for organizing and paying for transportation of goods to the buyer's chosen port of desti...

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