Classic permanent wholesale markets
Classical Mercantile Exchange is a constantly functioning market, on which wholesale goods on samples and standards. Can be considered a commodity exchange as a form of wholesale trade, which is implemented on an ongoing basis, in a certain place and in accordance with established rules. The main goal and meaning of its activities is the organization of a permanent wholesale market of means of production and implementation of a set of relevant organizational and technical measures, in accordance with the charter of the Exchange. If the purpose of clients Exchange is trading and sale of goods, the purpose of the exchange as a special organization was not bid as a seller or buyer, and the organization of mediation and other commerce-related services to clients in transactions of sale, as well as implementing accompany this activity functions. Mainly, this information and mediation services, but with an important qualitative addition in the form of stock issuance of ballots, reflecting the volume, range and prices of stock exchange transactions.
Undoubtedly, the stock can be considered the following four functions:
- Identification of demand and supply;
- Providing Exchange members and visitors to place trades and services;
- Collection and publication of market data (primarily - about transactions and prices);
-Dispute resolution in the commission and transaction execution.