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A commodity broker is a firm or an individual who executes orders to buy or sell commodity contracts on behalf of the clients and charges them a commission. A firm or individual who trades for his own account is called a trader .
Commodity [2] [3] Contract size Currency Main exchange Symbol Class III Milk: 200,000 lb: USD ($) Chicago Mercantile Exchange: DC Cash-settled Butter: 20,000 lb (~9 metric tons) USD ($) Chicago Mercantile Exchange: CB Non-fat Dry Milk: 44,000 lb (~22 metric tons) USD ($) Chicago Mercantile Exchange: GNF Whole milk powder: 1 metric ton: USD ...
Commodity Brokers: Commodity brokers are like stock brokers but instead of stocks they buy and sell oil, gold, and agricultural products on behalf of clients.
Most commodity markets around the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, and metals). Trading includes various types of derivatives contracts based on these commodities, such as forwards , futures and options , as well as spot ...
Commodity traders are people or companies who speculate and trade in commodities as diverse as metals and spices. ... List of trading companies References. This page ...
StoneX Group Inc. (previously INTL FCStone) is an American financial services company.The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).