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Financial News
7-30-2010 5:58:28 PM
The Securities and Exchange Commission was not seeking a blanket exemption from public information laws, when it asked Congress to include a little known provision in the Wall Street reform law, the agency said in a letter to lawmakers Friday. 4-2-2009 12:54:45 AM
As many Americans seek ways to save, people who lived through the Depression tell stories of life without luxuries. 7-30-2010 11:04:04 PM
I'm a student fresh out of high-school and going into college and I want to get my hands on a credit card so I can start building my credit score. Problem being I don't have a job right now. I am job hunting though so would it be illegal to put down a minimum wage income on the application? Commodities
A corn producer purchases corn futures (speculation that the price of corn will go up or down) on a commodity exchange to lock in a price for a sale of a specified amount of corn at a future date. This is done while speculators buy and/or sell corn futures with the hope of profiting from future changes in corn prices. Anticipated weather and other factors dictate the need for price speculations. Chicago Board of Trade (CBOT) The Chicago Board of Trade (CBOT) is a commodity’s exchange that trades in both agricultural and financial contracts. The CBOT originally traded only agricultural commodities such as wheat, corn and soybeans. Now, the CBOT offers options and futures contracts on a wide range of products including gold, silver, U.S. Treasury bonds and energy. The CBOT has recently automated its process adding electronic trading of futures contracts. The trading floor is an open auction market, where traders meet in a trading pit and primarily use hand signals to execute trades. Raw Materials Raw materials are commodities used in the primary production or manufacturing of a good. They are often natural resources like oil, iron and wood. Before being used in the manufacturing process raw materials are altered to be used in different processes. These commodities are bought and sold on exchanges around the world. |