eCommodities?

POSTED BY Ram ON March 17, 2011 6:20 pm ONE COMMENT

Like eGold and eSilver, do all commodities trade in the “e” form? For instance, I notice that commodities like maize, corn, etc. have “spot prices”. Once a person buys at the spot price, does it mean that the person has to take the delivery? Can a person choose to hold commodities like maize, corn, etc. in electronic form and then sell them later (like shares from a demat account)?

Please note that I’m not talking about buying futures/options in commodities…but rather “electronic delivery based buying”.

Thanks,

Ram.

One reply on this article “eCommodities?”

  1. I have not heard of anything like that which gives you actual delivery of the commodity . All i have heard is Future and options in commodities . But I think as e-gold and e-silver are there , it should come very soon in coming times .

    Manish

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