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1: Open an Account |
| If you have found your way here, you are probably hoping to being
your illustrious investing career with ACX. Click here to open an account with
us now. |
| Begin |
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2: Learn How to Use Our Site Navigation System |
| Find our new look rather daunting? Wondering where to start from?
Allow us to help you. Our new site navigation system shall take you through the
site and discover features at your own pace. |
3: What is "Delivery Based Future Trading" |
| Technically, in any commodity trade scenario, trade usually takes
place in following two ways: |
Futures Trading : In this type of trade, the buyer and seller enter into
a contract for the commodity that would actually be available after few months. |
Drawback: Usually the contract
once bought is again made available for trade (and this continues until the
delivery time of the commodity is reached), this increases the price of the
commodity abnormally and the contract buyer defaults at the end (most of the
time).
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Spot Trading :In this type of trading,
the commodity that is being traded is
actually available. Rates are quoted and after agreement between both the
parties the commodity is picked up or delivered and the payment is made. |
Drawback: This type of trade is
restricted to physical boundaries. |
| Delivery Based Futures Trading : This is same as futures
trading except that once the contract is sold, it is not available for further
trade. Hence, the contract takes place between the actual seller and the actual
buyer. Furthermore, the trade is not restricted under the physical boundaries.
ACX has adopted this type of trade to take place on its platform. |
| Benefit : It provides the
opportunity to do trading beyond the physical boundaries and at the same time
the cost benefit can be shared between the seller and the buyer. |
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