Commodity Trading
The development of exchange quotations is one of the major tasks of the exchange as they are the objective indicators of real cost of exchange commodities. The exchange concentrates supply and demand of exchange commodities and defines the proportion between current demand and current supply. As a result of it the price is formed. Price expresses temporary and relative balance but it is sufficient enough for a transaction. That's why exchange quotations are used as the indicator in making transactions at the exchange and at other markets as well.
Besides, providing interested organizations with data about market prices, exchange quotations are often used by state administration authorities as indicators during the price. Moreover, business entities use them as well – so as to revise prices in long-term contracts with the condition of variable price.
Traditionally, exchange quotation is the result of handling data on prices established during exchange auctions, preparing it for publishing in exchange bulletins or reports and providing the exchange trade participants with it. Quotation is defined for standard commodities that are regularly sold at the exchange auctions in accordance with price factors obligatory for registration, such as dimensional and qualitative specifications, delivery basis, terms of payment, etc.
Exchange is responsible for price results as well. The results are calculated for irregularly traded commodities and for commodities, consignment size of which is lower than minimal level established for each item name, and they are for reference. Outdated exchange quotations and price results are transferred to the archive. To get access to it you need to subscribe for the correspondent information service or use selection on request.
Dynamics indexes are one of the essential instruments of any analytical research.
Indexes can be either individual (developed for particular type of commodities taking into account necessary extra parameters) or group (including a number of uniform parameters). Both types graphically show price tendencies and sales volume dynamics of main commodity groups sold at the exchange platform.
Individual indexes precisely display price and volume dynamics of particular commodities. Group (or aggregated) parameters are simpler and more demonstrative and this helps to understand the whole scheme. Due to high concentration of commodities at the exchange platform the parameters show the change of the market situation in the whole country. This information is required by CEOs of major companies (including state ones) and state administration authorities. It may be useful either for retrospective analysis or to forecast models development.
Energy - is now home to crude and refined oil futures trading. Brent crude and Gasoil, the leading global benchmark for crude and refined oil, trade in the liquid, transparent futures.
Agriculture & Softs - provides trading for softs markets, including futures and options contracts on cocoa, Robusta coffee, white sugar, and feed wheat. The exchange’s liquid agriculture markets are relied upon by commercial market participants around the globe.
Other
Precious metals
Industrial metals
Gold
Gold is one of the precious minerals of the world. Gold has a long and fascinating usage history in a diverse range of industries and applications. In each of the applications it is used, gold provides an outstanding performance due to its unique properties of being one of the most malleable and ductile metals with high melting point and easy recyclability.
The mineral is yellow and mainly use to make jewels and for decoration purposes. Gold is also used by countries to guarantee the value of their currencies so that the economy is not adversely affected by the fluctuations in currency values. People who wear jewels and accessories made of Gold exude prestige and occupy the higher social class. Such is indicative of the value attached to Gold.
FX (Foreign Exchange)
Southeast-Asia’s First Exchange-Traded Spot Forex Contracts
Foreign exchange market or simply referred as FX, is the world’s largest marketplace. According to the latest Bank for International Settlement (BIS) Triennial Survey, there are over $5 trillion-dollar worth of FX transactions traded globally. FX market is where currencies are traded, bought and sold.
When investors trade YKOFX Forex, they will be able to trade against any type of investor in the market and not just to one liquidity provider only. It provides deep liquidity drawn from the Interbank Market and coverage during the entirety of global FX trading hours. YKOFX Forex also provides a secure trading platform which all the transactions are matched on the exchange and cleared by the clearing house.
