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When trading in commodities, soft or hard, traders need to assess the effects of global events on the markets, whether there are surplus supplies or heavy demand for the world’s resources. At Maxxico Traders, we help traders in their pursuit of longer and short term strategies where commodity trading has the potential to reap lucrative rewards.

Evidence suggests that rice may have been the first commodity since the Chinese began trading it about 6,000 years ago. In 4,500 and 4,000 BC, the Sumerian civilization (* the region that is now modern-day Iraq) began using clay tokens as a primitive form of money to purchase livestock. Buyers would place these tokens in sealed clay vessels and record the quantities, times and dates of the transactions on writing tablets. In exchange for the vessels, merchants would deliver goats to the buyers. These transactions constituted a primitive form of commodity futures contracts. Other civilizations soon began using valuable such as pigs and seashells as forms of money to purchase commodities. Eventually, however, the ancient Greeks and Romans settled on gold and silver as the favored currencies for transacting business in commodities. These civilizations prized gold and silver for their luster and physical beauty. In addition, since gold and silver are rare and can be melted, shaped and measured into coins of equal size, they logically evolved into monetary assets. Ultimately, exchanging gold for goods and services became the preferred means of commerce in the ancient world and led gold to become the first widely traded commodity.
 

Trade Forex at Maxxico Traders

Trade Commodities at Maxxico Traders :-

Forex is essentially a liquid market of currency pairs that react to global news, events and economic policies. As the currencies of the world vie against each other, traders, corporate businesses, hedge funds as well as investment houses look to trade on the volatility of the currency fluctuations. 

Trade Bonds at Maxxico Traders :-

ICE Bonds offers deep liquidity pools that support multiple trading protocols including click-to-trade, auction and RFQ, with a vast breadth of fixed income data. Focused on execution efficiency, ICE Bonds enables both anonymous and disclosed counterparty interactions, and trading from odd-lots to blocks

BondPoint »
Leading fixed income marketplace offering deep liquidity, price discovery and execution to broker-dealers and buy-side institutions

TMC Bonds »
Solutions for traders, portfolio managers, financial advisors, and compliance professionals

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