|
We have
acquired
in-depth
knowledge
on back
office
operations
of
commodity
trading.
90% of
the
commodity
trading
in
London
stock
exchange
is
routed
though
the
application
supported
by
Infotech. |
| |
|
The
basic
operation
of the
system
is
three-fold. |
| |
|
Immediate
beneficiary
payments |
| |
|
Support
the
purchase
of exact
amounts
of
foreign
currencies
for
immediate
payment
to
overseas
beneficiaries
in order
to
settle a
demand
for
payment,
at an
agreed
FX Rate. |
|
|
|
|
Immediate
currency
purchase |
|
|
|
Allow
the
purchase
of
foreign
currencies
for
placing
into a
holding
account
for the
settlement
of
demand
for
payments
at some
time in
the
future,
at an
agreed
FX Rate. |
|
|
|
|
Forward
currency
purchase |
| |
|
Allow
the
purchase
of
foreign
currencies
at some
time in
the
future
(a
forward
FX
transaction),
where a
foreign
currency
is
purchased
on an
agreed
date in
the
future,
at an
agreed
rate. |
| |
