Commodity Broking Services
| Private | |
| ISIN | 🆔 |
| Industry | Finance |
| Founded 📆 | 2004 |
| Founder 👔 | |
| Headquarters 🏙️ | Sydney, Australia |
Area served 🗺️ | |
Key people | Jonathan Barratt, Managing Director Paul McKay, Manager |
| Products 📟 | Financial Investments and Agricultural |
| Members | |
Number of employees | 50+ (2007) |
| 🌐 Website | www.commoditybroking.com.au |
| 📇 Address | |
| 📞 telephone | |
Commodity Broking Services abbreviated (CBS) is a specialized private Australian brokerage and investment company founded in 2004 by Jonathan Barratt and Paul McKay. Originally set up in the outback town of Warren, New South Wales, the purpose was to aid and educate Australian farmers suffering from drought with some financial stability in commodity trading and product protection.
With the support of Australian farmers and investors, the company expanded into Sydney, Australia, where the company is currently headquartered. It still retains strong links with the Warren office, where the agricultural division is located.
Commodity Broking Services offers trading and data via its online trading platform. The range of financial products includes Foreign Exchange, Commodity Swaps, Australian-International CFDs and Equity, Futures, Options, Superannuation Funds and Bonds.
CBS is also the only financial company that currently provides both physical commodity and commodity swaps in Australia. A commodity swap is a financial instrument that provides producers and end-users of commodities with the ability to hedge their commodity risk in local weights, measures and seasons without having to commit produce to the contract.
Business
CBS involves itself in three divisions: investment, agricultural and education.
Investment division focuses on offering financial products to individuals, families and funds via the online trading platform.
Agricultural division is focused on assisting farmers with hedging and commodity swaps to protect their production and livelihood.
Education division is mainly focused on educational and advisory services for individuals and institutions.
Quick Facts
- CBS has an alliance with the Danish investment bank, Saxo Bank.
- The company’s logo – A sheaf of wheat, is symbolic of the rewards received from the bond and hard work associated with the harsh Australian environment. It is also the symbol for the Greek Goddess of Fertility - Demeter
References
This article "Commodity Broking Services" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Commodity Broking Services. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
