S.A.N.C.E, the South African National Commodity Exchange, focusses on assisting Commodity Brokers, Commodity Traders, Buyers (both local and International), Sellers and Mine owners to trade efficiently and correctly. Many "Commodity Brokers" start in the industry simply because they are desperately looking for some way to make quick and easy money. There is no quick and easy way in Commodity tradi
ng BUT the chances of success are radically increased when trading is done professionally and with a good knowledge of the Industry and when Brokers have a understanding of the common mistakes made by most. (www.SANCE.co.za) pride itself with a effective code of conduct, high standards and the way we assist mostly Commodity Brokers, to run their Businesses correctly. (pronounced SAAAANS) today by completing your information online at www.Sance.co.za/join). The Benefits of joining are many (see on the www.Sance.co.za/benefits)
The main benefit probably being accredited, being accountable and working in affiliation with almost 700 local and International Traders, Buyers, Mine owners and Commodity Brokers. New brokers and those who have been in the industry for some time, should make an effort to read our article on "Ghost Coal" at http://www.sance.co.za/ghost coal
S.A.N.C.E. is also involved in the Selling of mines. We are also responsible for the creation of the well Used and much loved document called the AA Agreement (www.sance.co.za/aa.doc). This is a SPA or "Single point of accountability Agreement". This attestation document is used very effectively by both Sellers and Buyers to confirm that they do indeed have, either the product to sell, or the Funds to buy the product.
