Information about the company "PERSPECTIVE-COMMODITY"
By the counterparty code, called the registration certificate number, you can find out in which city this company is located - for "PERSPECTIVE-COMMODITY" it is Dnipro, in our directory it starts with the letter . Legal address legal entity 49000, DNIPRO CITY, VOSKRESENSKA STREET, BUILDING 30, as well as more detailed data can be obtained in the full version of our system. According to the OKPO code, our database contains data about the founders and those who have the right to sign, surnames, first names and patronymics of these entities legal activities. The key persons of this company are the head of Glazunova Olena Evgeniivna, as well as the founders of the PARTNERSHIP WITH THE INTERNATED VIDPOVIDALNISTYU "REAL ESTATE INVESTMENT", PRIVATE JOINT STOCK COMPANY "LEGAL COMPANY "PRAVOZAHIST INVEST", MEMBERS OF TB, Filipska Irina Viktorivna, Antonov Sergiy Mikhailovich. In the full version services available court decisions for this company, data from the tax register and the amount authorized capital companies. The form of ownership of the company is TOVARNA BIRZHA. See more companies inThe conditions and specifics of using forward contracts in construction were discussed by the participants of the round table “Forward contracts in construction: the Regulator’s view and the experience of the Perspectiva-Commodity commodity exchange.”
The initiator of the event is the Perspective-Commodity Commodity Exchange. The event took place at the press center of the Ukrinform news agency and brought together about 40 participants, including representatives of the National Securities and Stock Market Commission, the State Mortgage Institution, specialized associations, banks, AMCs and development companies.
“The interest of the National Securities and Stock Market Commission in this topic is due to the fact that in the near future the Commission will also become the Regulator of the derivatives market, including commodity derivatives. Those. soon our traders securities will turn into traders in financial instruments,” said Alexey Petrashko, a member of the National Securities Market Commission. In addition, we welcome the transfer of successful technological solutions that have already been tested on the stock market and can be effectively used on the commodity market.”
“Today it is difficult to argue with the fact that the stock and commodity markets are closely interconnected, especially when it comes to the use of such financial instrument, as derivatives for goods,” noted Sergei Antonov, chairman of the board of SRO AUFT. Therefore, it is not surprising that the most successful practices and technologies stock market are reflected in other areas as well.”
Forward contracts have been used in Ukraine for more than 10 years. "Usage electronic trading when concluding forward contracts, it significantly simplifies all procedural issues due to the legitimate electronic document flow that has been implemented on the exchange,” says Eduard Milyushko, director of TB, Perspektiva-Commodity. “It is clear that technologization of the conclusion of forward contracts makes it possible to reduce the operational burden on bidders, automate the generation of documents, simplify the access procedure (geographically, financially, operationally), administer and provide documents confirming the fact of the auction at any time and in a convenient form.”
For additional materials about the round table, see the hyperlinks http://presscenter.ukrinform.ua/presscenter-4495.html, http://photo.ukrinform.ua/rus/current/photo.php?id=527849.
“Forward contracts that are executed through a purchase and sale agreement property rights, fit perfectly into the new registration system and allow the mechanism used by construction customers to be adapted to affordable housing programs,” emphasized N. Dotsenko-Bilous. She also recalled that forward contracts in Ukraine have been used since 2000 in other areas of the economy, except for construction, for example, in agriculture. And from 2010-2011. - both in the field of energy, gas supply, and are actively traded on the Perspective-Commodity commodity exchange.
Experts call the key criterion for choosing a forward contract as a tool for selling future real estate to provide maximum guarantees to buyers. The investor is provided with an exclusive and priority right to purchase an apartment under a contract for the purchase and sale of property rights, which eliminates the risks of double sales, as well as neutralizes the risks associated with other uses of alienated real estate (as, for example, this often happens with target bonds - parallel mortgages on sold property).
Let us recall that TB "Perspective-Commodity" became the first commodity exchange in Ukraine that introduced electronic exchange trading using electronic document management and electronic digital signature, and in March last year received from the Ministry economic development and trading conclusion on the compliance of exchange trading rules with the requirements of current legislation.
The initiator of the event is the Perspective-Commodity Commodity Exchange. The event took place at the press center of the Ukrinform news agency and brought together about 40 participants, including representatives of the National Securities and Stock Market Commission, the State Mortgage Institution, specialized associations, banks, AMCs and development companies.
“The interest of the National Securities and Stock Market Commission in this topic is due to the fact that in the near future the Commission will also become the Regulator of the derivatives market, including commodity derivatives. Those. “soon our securities traders will turn into financial instruments traders,” said Alexey Petrashko, a member of the National Securities and Stock Market Commission. ? In addition, we welcome the transfer of successful technological solutions that have already been tested on the stock market and can be effectively used on the commodity market.”
“Today it is difficult to argue with the fact that the stock and commodity markets are closely interconnected, especially when it comes to the use of such a financial instrument as commodity derivatives,” noted Sergei Antonov, chairman of the board of SRO AUFT. Therefore, it is not surprising that the most successful practices and technologies of the stock market are reflected in other areas.”
Forward contracts have been used in Ukraine for more than 10 years. “The use of electronic trading when concluding forward contracts significantly simplifies all procedural issues due to the legitimate electronic document flow that has been implemented on the exchange,” says Eduard Milyushko, director of TB, Perspektiva-Commodity. “It is clear that technologization of the conclusion of forward contracts makes it possible to reduce the operational burden on bidders, automate the generation of documents, simplify the access procedure (geographically, financially, operationally), administer and provide documents confirming the fact of the auction at any time and in a convenient form.”
“Forward contracts, which are carried out through a contract for the purchase and sale of property rights, fit perfectly into the new registration system and allow the mechanism used by construction customers to be adapted to affordable housing programs,” emphasized N. Dotsenko-Bilous. She also recalled that forward contracts in Ukraine have been used since 2000 in other areas of the economy, except for construction, for example, in agriculture. And from 2010-2011. - both in the field of energy, gas supply, and are actively traded on the Perspectiva-Commodity commodity exchange.
Experts call the key criterion for choosing a forward contract as a tool for selling future real estate to provide maximum guarantees to buyers. The investor is provided with an exclusive and priority right to purchase an apartment under a contract for the purchase and sale of property rights, which eliminates the risks of double sales, as well as neutralizes the risks associated with other uses of alienated real estate (as, for example, this often happens with target bonds - parallel mortgages on sold property).
Let us recall that TB "Perspective-Commodity" became the first commodity exchange in Ukraine that introduced electronic exchange trading using electronic document management and electronic digital signature, and in March last year received from the Ministry of Economic Development and Trade a conclusion on the compliance of the rules of exchange trading with the requirements of current legislation .
For more than four years now, the Commodities section has existed in our magazine - the only section for which the English term is used. VS readers have repeatedly asked what it is; similar questions are often asked on various forums, and even experienced traders sometimes find it difficult to give a clear explanation. Over the years, such questions have not become fewer, although there have been plenty of publications on this topic. So, perhaps, we have found one of the eternal questions of traders.
The real meaning of the term
The term commodity is already widely used in Russian trading circles. It is enough to mention the name of the American magazine Stocks & Commodities, popular in our environment. There are also frequent informal uses of this term to denote something well-known and generally accepted. This term carries a specific meaning, and I will continue to write it in Russian. It is my deep conviction that there is no Russian translation of such a word, since until recently we did not have situations where commodities were needed. Therefore, now that the need has arisen, the Russian language will only benefit from such borrowing. It is convenient to highlight from the very beginning the main questions that arise when using the word commodity. What is commodity, what are the possible interpretations and translations of this term? Why do experienced traders prefer to use this term without translation? What objects are clearly classified as commodities? Let's start to figure it out in order. Almost all English-Russian dictionaries necessarily contain translations of commodities. However, specifically for our case, the translation not only does not clarify, but rather, on the contrary, obscures the real meaning of this term.
One dictionary translates the word commodity as “goods, consumer goods.” Others are like " commodities” or even “product for sale.” In specialized financial services we will find “commodity futures” (by the way, this is the closest definition to traders). However, none of these interpretations can rightfully be applied to what we are talking about here - the commodities market. Commodity begins when you think of a product as an object for subsequent resale, i.e. about a product in the literal sense of the word, without its consumer properties, or, in another way, as about the market for this product. And if the word “product” has this only meaning for you, it has a chance of being a commodity. If you buy boards for a summer house, then first of all, apparently, you think about how you will make a greenhouse or veranda. These are crude materials, raw materials. But if you bought a small sawmill, then the boards may already become commodities. They can, but they don’t become automatic. In order for a product to be called commodity, it must satisfy a number of additional conditions, the main one of which is prevalence (it is not for nothing that the root of this term is the English word common).
Which ones are generally accepted?
The best known are commodities, which are traded on the largest commodity exchanges in the USA and Great Britain. No one doubts that these goods are real commodities. Their list is presented in Table 1.
Thus, only the most liquid commodity contracts have an annual turnover of about $4 trillion, not counting the turnover real sector and other small goods. These are very large markets. Some bills of Taigaenergo, for example, cannot be compared with them. An interesting comparison with financial futures. The largest futures contracts– these are the Eurodollar (more than 100 million contracts per year) and US government obligations (about 95 million per year). They occupy 43% of all US futures. But what follows are mostly commodities. Thus, the volume of futures trading in oil is approximately equal to the volume of the famous S&P, corn, gold and gas are larger than contracts for the euro, etc. Of course, this list is incomplete. New contracts are added to it periodically. Conversely, some products cannot stay on the market and disappear from the lists of traded contracts.
This fate, for example, befell diamond futures. Although the idea itself is very attractive, and the market has an urgent need for this instrument, futures contracts have not taken root here, since it has not been possible to ensure proper standardization of the quality of diamonds. A similar situation occurred with electricity futures. The features of this product required a 24-hour presence on the market, and therefore these contracts did not have much liquidity. And they left the voice sessions. There are many similar examples, such as temperature futures, that can be cited. Exists a large number of goods that could not be included in the list of highly liquid exchange contracts. Either they lack liquidity, or the problems with standardization are too difficult. However, they have either low-liquidity (sometimes just nominal) exchange contracts or auction trading. These are borderline cases between real commodities and simply large consumer ones. commodity markets. VS magazine has already talked about some commodities. These are fish, electricity, cellulose, wine, fur, etc. This group should also include antiques and art, flowers, bauxite, apples, bananas, manganese and many other goods that are so significant that they are ready to become full-fledged commodities on a global scale.
September 2003