Certificated Stock
外汇网2021-06-19 14:23:13
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A stock of commodity that has been inspected by qualified repsentatives and determined to be of basis grade.
Taobiz explains Certificated Stock
Stock of commodities that are certificated are also referred to as "certified stocks." They can be used as delivery against futures contracts and are normally kept at a holding facility until transfer.
For grain, a certificated stock is known as "stocks in deliverable position" or deliverable stock.
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