23.01.2015 - Angola to have commodities exchange
The Capital Market Commission (CMC) of Angola will this year prepare a study with the aim of opening a Commodity Exchange to trade agricultural and livestock commodities contracts, CMC director Vera Daves said in Luanda. Initially, Daves said, the Commodity Exchange will trade spot products, that is, “the buys pays for and immediately receives the product.” The exchange, which aims to bring together large, medium and small farmers from around the country, “wants domestic production and to bring together into one space, the entire national production chain,” added the CMC director, on the sidelines of the 3rd Annual CMC Staff Meeting held in Luanda...............................................Full Article: Source
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