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National Spot Exchange Limited Circular Ref. No.: NOEL/TRY/2010/166 October 28, 2010, Dear Members, Commencement of Spot Trading in Soy Bean Farmers Dakota Delivery Contract In terms of the provisions
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Traders: Individuals or businesses involved in spot trading activities need to fill out the commencement of spot trading form. This applies to those who wish to engage in buying and selling financial instruments or commodities in the spot market.
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The commencement of spot trading is the initiation or beginning of trading in financial instruments at the current market price.
Market participants, such as brokers or trading firms, are required to file commencement of spot trading.
Commencement of spot trading can be filled out online through a reporting portal provided by the regulatory authority.
The purpose of commencement of spot trading is to ensure transparency and regulatory compliance in the trading of financial instruments.
Information such as the name of the market participant, the financial instruments being traded, and the date of commencement must be reported.
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