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settling non exchange commodity trades |
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Wednesday, 30 July 2008 |
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hello. i put this message here as this forun was the most up tp date-so sorry if it is the wrong place........
recently i have come across some buyers and sellers of things like sulphur flakes,guano(dont laugh) and other fertilizers........
my question is this.....
how do i buy 10000 tons of product A in maybe south america and then sell it to someone else on the other side of the world and obviously making a turn.ie acting as a broker or agent.......the two sides being kept apart ..????
i used to be a bond trader and futures trader so i know about euroclear,prime brokers eurex cbot etc but i guess i need to buy my product and get it shipped........
if anyone can help then please email me
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