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| TRADING POINT |
Trading Point is an integral part of the Business Linkup Section designed to create a market across the Internet where sellers can display their merchandise and potential buyers can be informed of available merchandise.
Utilizing the vast, low cost network of the Internet, this simple theme is applied very effectively within Trading Point which operates as different markets as detailed below.
A large proportion of Trade is effected on Futures contracts, namely contracts to deliver at some point in the future. This can work quite well as it gives the Producer or Trader or Manufacturer a secure contract against which to produce or buy or manufacture the required products and means that the Buyer can plan against a future schedule for delivery of the product.
The Futures contract, while having the advantages listed above can be more costly than Physical Contracts which are executed on the spot due to charges such as Warehousing costs, Bank interest charges etc. having to be built into the equation while the Producer or Trader or Manufacturer accumulates a sufficient quantity of the product to fulfill the Sale Contract. The costs involved can sometimes lead to producers, traders or manufacturers either being reluctant to undertake or having to default on large export contracts. A further disadvantage occurs when the end user or intervening Trader has to fulfill a requirement at extremely short notice, something which can occur for a variety of reasons.
ACCESS INDIVIDUAL SECTIONS OF "TRADING POINT" TO VIEW CURRENTLY AVAILABLE ITEMS AS BELOW.
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