20-12-2012, 02:07 PM
Industrial Training Project On COMMODITY MARKET
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SWASTIKA INVESTMART
Introduction
Swastika Invest mart Ltd. (Formerly known as Swastika Fin-Lease Ltd.), a Public Limited Company, was incorporated in 1992 with its Registered Office in Mumbai and Administrative office at Indore (M.P.). It was promoted by Mr. Sunil Nyati belonging to the Swastika group of Rajasthan, engaged in diversified business since 1959. In the year 1995 the company came out with a Public issue of 15 Lac equity shares of Rs.10/- each for cash at par, aggregating Rs.150 Lacks.
Company profile
Swastika Invest mart Ltd. (Formerly known as Swastika Fin-Lease Ltd.), a Public Limited Company, was incorporated in 1992 with its Registered Office in Mumbai and Administrative office at Indore (M.P.). It was promoted by Mr. Sunil Nyati belonging to the Swastika group of Rajasthan, engaged in diversified business since 1959.
In the year 1995 the company came out with a Public issue of 15 Lac equity shares of Rs.10/- each for cash at par, aggregating Rs.150 Lacs. The shares of company are listed on BSE and is one of the few listed companies, engaged in Stock broking and Capital Markets activities.
Since incorporation till 1998, the company was actively involved in the field of Hire Purchase and Lease Finance. It started the stock broking business as a sub-broker in the year 1998 and after getting the experience and with the blessings of its satisfied customers, it took the Corporate Membership of NSE in 2000 and BSE in 2004. Later, it got registered with CDSL in 2006 as Depository Participant as well.
In the year 2007 the company has acquired membership of two premier Commodity Exchanges of India, NCDEX and MCX through its wholly owned subsidiary company Swastika Commodity Pvt. Ltd. It has also got the corporate membership of Currency Derivatives with NSE and MCX-SX in the year 2008.
Over the years, Swastika has followed a consistent growth path and is established as one of the leading broking houses of the country with the support and confidence of its clients, investors, employees and associates. Today the Swastika group is managed by a team of over 200 professional staff members and has got a nationwide network.
Vision
"To be a prominent destination to enhance the Prosperity of it’s Clients, Investors, Associates and Employees, always"
"To provide best value for money to clients through personalised service, innovative products, best trading and investment strategies and state-of-the-art technologies. We at Swastika believe that 'Our services combined with our investors' trust will lead to a prosperous Swastika family'"
Mission
• Institutional Broking – Empanelment with Banks, FIs, & Insurance Companies,
• Mutual Fund business,
• Merchant Banking Services,
• Registrar & Transfer Agents Services,
• Equity Placement & Venture Capital Funding,
• Dealing in Forex,
• Financing & Loans Syndication.
ABOUT THE MANAGMENT:-
Swastika is managed by a team of 200+ experienced and qualified professionals across all the levels of management. The company was promoted by Mr. Sunil Nyati KEY PERSONNEL Mr. Sunil Nyati, Managing - Director
Swastika has been on a growth path under his able leadership and rich experience. He is a science graduate, having more than 15 years of experience in capital markets. He has been our guide all throughout success path of Swastika. His values of integrity and transparency have been inculcated in all the employees. He always innovates new ideas, adapts latest technology so as to provide quality and unbiased investment solutions to the investors.
COMMODITY MARKET:-
Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.
This article focuses on the history and current debates regarding global commodity markets. It covers physical product (food, metals, electricity) markets but not the ways that services, including those of governments, nor investment, nor debt, can be seen as a commodity. Articles on reinsurance markets, stock markets, bond markets andcurrency markets cover those concerns separately and in more depth. One focus of this article is the relationship between simple commodity money and the more complex instruments offered in the commodity markets.
History-
The modern commodity markets have their roots in the trading of agricultural products. While wheat and corn, cattle and pigs, were widely traded using standard instruments in the 19th century in the United States, other basic foodstuffs such as soybeans were only added quite recently in most markets.For a commodity market to be established, there must be very broad consensus on the variations in the product that make it acceptable for one purpose or another.
The economic impact of the development of commodity markets is hard to overestimate. Through the 19th century "the exchanges became effective spokesmen for, and innovators of, improvements in transportation, warehousing, and financing, which paved the way to expanded interstate and international trade.
markets Early history of commodity- Historically, dating from ancient Sumerian use of sheep or goats, other peoples using pigs, rare seashells, or other items as commodity money, people have sought ways to standardize and trade contracts in the delivery of such items, to render trade itself more smooth and predictable.
Commodity money and commodity markets in a crude early form are believed to have originated in Sumer where small baked clay tokens in the shape of sheep or goats were used in trade. Sealed in clay vessels with a certain number of such tokens, with that number written on the outside, they represented a promise to deliver that number. This made them a form of commodity money - more than an I.O.U. but less than a guarantee by a nation-state or bank. However, they were also known to contain promises of time and date of delivery - this made them like a modern futures contract. Regardless of the details, it was only possible to verify the number of tokens inside by shaking the vessel or by breaking it, at which point the number or terms written on the outside became subject to doubt. Eventually the tokens disappeared, but the contracts remained on flat tablets. This represented the first system of commodity accounting.