Exchange business: Commodity securities
The modern world is diverse due to millionsa variety of opportunities to make money and arrange your life. The exchange is an amazing place where you can become a millionaire in one second or lose everything and stay at the curb of life. With the advent of the exchange, people were able to earn thanks to their instincts, play adult games and experience a constant sense of risk.
People who are familiar with the exchange only in words,that it can only sell and buy shares and bills, they have not heard about other documents. This is a misconception, on the exchange apply settlement papers, securities, payment papers and others. There is a huge number of types of securities: it is a complex and voluminous system. We will dwell in more detail on one form, and we will consider in more detail the title-controlling securities.
By name, one can judge that the papersdirectly related to the purchase and sale of goods. Such securities can not be called market, but they have their own specific value. Commodity securities are divided into warrants and bills of lading.
Warrants. Synonym for this concept can be considered the word "rights". Warrants are such commodity securities, acquiring which its owner can purchase shares in a certain period of time at a predetermined price. Agree, this is a very convenient option - you will be sure that the price will not grow, and you can plan your operations, for example, for a month ahead. Warrants are title deed securities that most often join shares and bonds when they are first issued. Shares and bonds with warrants are the most popular among the participants of the exchange. Less frequently, warrants are issued separately from securities. Most often, warrants are not long-term securities - on the stock exchange everything is changing very quickly, so for sellers, selling at fixed prices is not always favorable.
There are two types of prices for warrants: temporary and hidden. As for hidden prices, they make up the difference between the market price of the paper and the price of the warrant. Time prices are the difference between the price in the future and the price in a given period of time. An experienced exchange player can earn good money by playing at these costs.
As mentioned earlier, title deedsecurities are also of a different kind - bills of lading. Such securities are mandatory for transactions with goods in foreign trade transactions. Most often it is sea cargo.
A bill of lading can be compared with an order, it can bein the name of the consignee or bearer of the goods. This is a very important document that does not allow corrections, erasures and adjustments, if something needs to be changed, it will be necessary to compile a new document. The bill of lading has a clear structure, the main part of which is an endorsement. The name of the carrier, the consignee and the sender, the name of the vessel, the signature of the responsible person and the date of signing the document must be indicated on the back.
Foreign trade transactions - responsible and expensiveevent, so when they are designed, you must strictly follow all the rules. The bill of lading testifies to the trust of the shipper and the receipt of the carrier's responsibility for its safety. In addition, the consignee must meet him on time and pay the sender at the agreed time.
We have told you in brief about the commodity valuespapers, but each of them has a lot of its features and rules. The main thing to remember is: all securities must be clearly executed, payment is made on time, the signatures of the responsible parties are obligatory, for failure to comply with obligations, a fine or a penalty is payable.