to replay to the request of many trader we decided to publish the full text of the “LETTER OF REQUEST” and procedure that we use in our oil deals: COMPANY LETTER HEAD FULL ADDRESS AND...
LETTER OF REQUEST
Did really in our days NCNDA can protect brokers (middleman) rights?
Today when I was surfing in some big trading site I v fount a very good situation asked by trader (site member) looking for help from member or site moderator, unfortunately no replay and help was...
International trade
International trade is exchange of capital, goods, and services across international borders or territories. In most countries, it represents a significant share of gross domestic product . While...
How to secure commission in Spot payment by TT?
Last week we faced I deal in wish client didn’t need to sign any agreement and procedure .all what he need is to make visit to seller and see the consignment (products) if it is ok, he will make the...
How to secure commission by the use of transferable L/C?
We suppose that you are a trading company and you are working with a factory to sell products to your clients. Your clients will pay for the goods by a transferable L/C. as usually price that you...
WARNING OF RESPONSIBILITY
From this point forward, the international codes will be strictly enforced to exclude all intruders that send out false information. Those who submit a false NCND/IMFPA, LOI, ICPO, RWA or BCL, or...
What is the difference between Incoterms 2000 and Incoterms 2010?
These Regulations come into force on January 1, 2011 Incoterms 2010 (Incoterms 2010 ) – that international law recognized by government agencies , law firms and traders around the world as the...
Incoterms and Shipping Abbreviations
Here is a list of most commonly used shipping abbreviations and Incoterms 2000: A/W : All Water ANER : Asia North America Eastbound Rate AWB : Air Waybill B/L : Bill of Lading B/R : Buying Rate BAF :...
chartering abbreviations
This are the most used abbreviations in chartering that you can see in contract ,bill of loading and invoice Abbreviation Meaning AA Always Afloat AAAA Always...
Making Your First Trade
A Step by Step Guide to Your First Trade Once you haven’t any basic knowledge of day trading, and you didn’t gathered any tools, with this blog you will be ready to make your first trade...
Our project
Before starting any trade, it is very important to be familiar with some market basics, some banking procedure and type of payment. Like many, when I began trading I didn’t take enough time...