Hello folks, welcome to my trading concepts blog series. In this blog, I will describe and introduce some trading related terminology and its importance in trade life cycle.
For any company in any industry, remaining in control of its goods and cash is fundamental to successful and efficient operation of its business. This involves maintaining up-to-date internal records of trading activity, deliveries and receipts of goods, as well as payments and receipts of cash. So that the prediction of future stock and cash flows and the reconciliation of internal records with external entities, including goods held in warehouses and cash held at banks will be easy. I am going to share with you a list of different terminology used within the securities industry for trade agreement purpose.