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International Commodity Trade
Trader's Manual-
"Did You Know"
  • For safe future commodity traders and
    brokers
  • 200 valuable pieces of data that every
    trader will want to know
The facts stated in the traders handbook is to assist the
trader in a safe trading practice with rules of the
trade and to
help them avoid any mishaps or delays
in a deal.

Sometimes the inaccuracy of the deal is just lack of specific
knowledge that can cause the deal to collapse.

This handbook can help you to avoid unnecessary surprises
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International Commodity Trade
Traders Manual
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         Sample Content - Did You Know

  • Did you know that a SGS certificate cannot be forged. This book gives you a link
    to directly check the  authenticity of that certificate.

  • Did you know: The Primary Intermediary must not return the purchase  contract
    to supplier until the DLC has been secured in his bank account first.

  • Did you know: Suppliers contract is signed and returned by the Primary
    Intermediary after the issuance of the DLC and before the acceptance   of the
    DLC.

  • Did you know: You do not need to registered a business name, or for a company
    to practice international commodity trade.

  • Did you know.If a DLC is "confirmed", documents are presented to the
    suppliers/intermediary bank in his country but if a DLC is "not confirmed" the
    supplier/intermediary  bank sends documents to the bank in the end buyer’s
    country for examination before the issuing bank (buyer’s bank) allows collection
    under UCP600 rules.

  • Did you know Incoterms (International Commercial Terms) are used worldwide
    but cannot be adapted to states within a country. Example the United States.
    The federal or states law of commerce or codes of practice as the UCC Unifom   
    Commercial Code) often will RULE OVER the interstates dealings.
jhollister