Documentary Collection: The Definition, Types, And Process

What is a Documentary Collection? A documentary collection is a method of payment used in international trade transactions. It involves the exchange of documents between the buyer’s and seller’s banks, rather than the physical movement of funds. This method provides a level of security for both parties involved in the …

Chicago Mercantile Exchange – All You Need to Know

Overview of the Chicago Mercantile Exchange The Chicago Mercantile Exchange (CME) is a global marketplace that facilitates the trading of various financial derivatives, including futures and options contracts. It is one of the largest and most influential exchanges in the world, providing a platform for investors, traders, and hedgers to …