Entering Commodity Deals
This topic discusses entering a commodity deal.
On April 25, 2003, you receive an order to buy 100 units of gold priced at 336.60 USD per ounce for a term of 222 days.
|
Page |
Field |
Field Value |
|---|---|---|
|
Deal Detail |
|
|
|
Instrument Type |
COMMGOLD |
|
|
Transaction Date |
04/25/2003 |
|
|
Instrument Base Type |
Commodity |
|
|
Commodity Details |
||
|
Spot Date |
04/25/2003 |
|
|
Term |
222 |
|
|
Maturity Date |
12/03/2003 |
|
|
Market/Exchange |
NYMEX |
|
|
Commodity Code |
GOLD |
|
|
Buy/Sell |
Buy |
|
|
Unit of Measure |
OZT |
|
|
Price per Unit |
336.60 |
|
|
Quantity |
100 |
|
|
Rate Reset Type |
Fixed |
|
|
Amount |
33,660.00 |
|
|
Currency |
USD |
|
|
Accounting Treatment |
Other |
|
|
Counterparty |
USBNK |
|
|
Issuer |
USBNK |
|
|
Guarantor |
USBNK |
|
|
Description |
Buy Commodity GOLD, 100 quantity for 336.6 each on 2003-04-25, maturing on 2003-12-03 |
|
|
Deal Status |
Open |
|
Page |
Field |
Field Value |
|---|---|---|
|
Settlement Instructions page |
||
|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
|
|
Our Settle Thru Bank |
USBNK |
|
|
Our Settle Thru Account |
CHCK |
|
|
Counterparty's Instructions |
USBKS |
|
|
Payment Method |
System Check |
|
|
Receipt Information |
||
|
Our Settle Into SetID |
SHARE |
|
|
Our Settle Into Bank |
USBNK |
|
|
Our Settle Into Account |
CHCK |
|
|
Our Settlement Instructions |
TUS01 |