trading, online trading, stock trading, equity trading, emissions trading, trading tips, online share trading, online trading account
Trading may refer to:- Day trading
- Proprietary trading
- Algorithmic trading
- Emissions trading
- International tradeTrade (financial instrument)
- This article is about the economic mechanism. For other uses, see Trade (disambiguation).Trade also called goods exchange economy is the transfer of ownership of goods from one person or entity to another by getting something in exchange from the buyer. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and services. Later one side of the barter were the metals, precious metals (poles, coins), bill, paper money. Modern traders instead generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.
Trade exists for man due to specialization and division of labor, in which most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions have a comparative advantage in the production of some tradable commodity, or because different regions size allows for the benefits of mass production. As such, trade at market prices between locations benefits both locations.
Retail trade consists of the sale of goods or merchandise from a very fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Wholesale trade is defined as the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services.
Trading can also refer to the action performed by traders and other market agents in the financial markets
Development of money
The first instances of money were objects with intrinsic value. This is called commodity money and includes any commonly available commodity that has intrinsic value; historical examples include pigs, rare seashells, whale's teeth, and (often) cattle. In medieval Iraq, bread was used as an early form of money. In Mexico under Montezuma cocoa beans were money.
Ancient Athenian Greek Drachma
Currency was introduced as a standardised money to facilitate a wider exchange of goods and services. This first stage of currency, where metals were used to represent stored value, and symbols to represent commodities, formed the basis of trade in the Fertile Crescent for over 1500 years.
Numismatists have examples of coins from the earliest large-scale societies, although these were initially unmarked lumps of precious metal.
Ancient Sparta minted coins from iron to discourage its citizens from engaging in foreign trade.
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Volatile market end marginally higher; ITC in focus
[Sharekhan] 17 May 2013 04:27 | NIFTY (0.28%) SENSEX (0.19%)
Indian equities remained highly volatile throughout the day and closed todays trading session in the green zone. The Sensex inched 39 pts higher and the Nifty rose 17 pts in trade today.
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