Trade Paperwork
How to Read a Quantity Clause
A quantity clause sets the amount, the tolerance, and who chooses the final figure. The price means little without it.
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3 posts tagged "grain contracts".
A quantity clause sets the amount, the tolerance, and who chooses the final figure. The price means little without it.
Before you add a pricing contract or a futures account, write what it locks, what it costs, and who can explain the fill.
Avoid typical errors in grain contracts: ignoring basis, overselling, missing delivery terms and misunderstanding HTA and basis contracts.