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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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Backwardation

. In the world of finance, the concept of futures market can be quite complex. A key aspect to understand is how prices of commodities are affected in this market. When a co...

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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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Assayer

An assayer, be it an individual or an institution, plays a crucial role in the financial market. They possess the authority to certify and grade the commodities exchanged in...

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