What does it mean to trade agricultural commodities on Safex?
In short: it’s a safe and trusted way for you to trade. By the time of physical delivery there can be settled against any Safex contracts during month of delivery. This involves the exchange of a position in the futures contract for a silo receipt. The Safex exchange facilitates the delivery process through reputable traders such as 4IE Trading.
The process is safe, transparent, effortless and easy. What you don’t know, we do know.
Together we make a winning team.
When you've made the right choice to deliver your commodity by using the SAFEX silo receipt and to hand the trading over to the professional services of 4IE Trading you can then follow these steps:
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The good news is that there are currently more than 200 registered delivery points all over South Africa.
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Click the buttons below to download the necessary documents for this step. Registration is free and effortless
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Go to www.silocert.co.za and ask that the silo receipt is sent to BVG's account for delivery to the JSE. The account number for BVG on www.silocert.co.za is 102134. The receipts from BVG are then marked to ensure that it can only go to the JSE for trading. This process gives you the security that your receipt is in safe hands. What a great thought.
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Even quantities contracts for tons on the silo receipt. The market trades in 100-ton contracts per trade for maize. Therefore: a contract for every 100-ton. The trading for wheat and oilseeds contracts are 50-ton / contract.
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This is the beginning of a lifelong partnership on which you can depend.
It's as easy as that and we take care of the trading on the exchange market for you.
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Your money is transferred in only 48hours / 2 business days after delivery into your SAFEX account.
Monument Office Park, Cnr Steenbok & Elephant Rd, Pretoria, South Africa | +27 12 111 0557 | info@4ietrading.co.za
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