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The physical commodity exchanges, where much of the world's trading was done were also changing significantly.
It did not seem unusual to them that they were registered at birth like so many physical commodities in a warehouse.
Fiat money, like any check or note of debt, is without intrinsic use value as a physical commodity.
Although currencies do not have an annual growing season like physical commodities, business cycles do make themselves felt.
This concept has a long history in which free banking institutions have issued their own paper currency often backed by a physical commodity.
Drexel is a rapidly growing major trader in oil, precious metals and other physical commodities.
Well-established physical commodities have actively traded spot and derivative markets.
The company was the first to develop an enterprise software platform designed specifically to manage logistics associated with physical commodities.
Such instruments are priced according to the movement of the underlying asset (stock, physical commodity, index, etc.).
It is a physical commodity futures exchange located in New York City.
The real innovation therefore was that next to physical commodities henceforth financial rights in the ownership of a company were traded on the Amsterdam exchange.
The rise of computer applications and data processing made ethereal "information" as valuable as physical commodities.
(Futures contracts cover the sale of financial instruments or physical commodities for future delivery.)
Allegro Development provides its customers with solutions to manage risk across gas, coal, petroleum, and other physical commodity sectors.
The proposed position limits apply to 28 physical commodities traded in various exchanges across the U.S.
Those aren't currencies, those are physical commodities.
Drexel, which trades oil, precious metals and other physical commodities, complained of a "whispering campaign" by rivals.
Commodity Futures form an advanced clearing function for the physical commodity clearing.
In the case of physical commodities, this specifies not only the quality of the underlying goods but also the manner and location of delivery.
"In actual fact," the demon-jester continued, seemingly oblivious to Sir George's silence, "this planet does not offer us any physical commodity.
The DJ-UBS is composed of futures contracts on physical commodities.
The New York Mercantile Exchange is the world's largest physical commodity futures exchange.
My business plan was to leverage inventions from the U.S.A. that haven't been developed over there, rather than trading in physical commodities or providing transportation.
Negotiable warehouse receipts allow transfer of ownership of that commodity without having to deliver the physical commodity.
CBS is also the only financial company that currently provides both physical commodity and commodity swaps in Australia.