4U2K – FINANCIAL COMMODITY MARKET FORTHCOMING IN MAURITIUS !
- Irshad JACKARIA
Did you know that Mauritius will soon launch its Commodity Investment Exchange, a platform to trade Gold and Precious Metals?
In Finance, the term "commodity" refers to products coming from the earth, and which are bought and sold on Exchanges. The most famous Commodity Exchange in the world is the Chicago Board of Trade, established in 1848. Mauritius will soon be welcoming its own Commodity Exchange, which is set to be in the Rose Belle Cyber City. It will start by trading in gold, and from there, in other metals like Silver, Platinum, Copper and Palladium. Other products that can be traded on such exchanges are agricultural (like corn, soybeans, wheat, rice, cocoa, coffee, cotton, sugar), fuels (like coal, gasoline, oil), currencies and even sophisticated ones like carbon credit (a product that was generated for the first time in Mauritius by Sotravic Limited for its power station at Mare Chicose). These products will be bought and sold by producers, users, investors and speculators from Mauritius and from around the world.