Commodity Exchange Bratislava

Commodity Exchange Bratislava, JSC (Slovak: Komoditná burza Bratislava, a.s. (KBB), German: Warenbörse Bratislava, AG) formerly BMKB, then BCE, now CEB is a European commodity exchange made for organising market with commodities according to adjudication of Ministry of Economy of the Slovak Republic. CEB is the only organizer of the commodity market in Slovakia. CEB is the first exchange that has started non-stop online trading and clearing.

Commodity Exchange Bratislava, JSC
Joint stock company
FoundedDecember 8, 1992
Headquarters
Bratislava, Slovakia
,
Slovakia
Key people
Ľudovít Scholtz (President of the Exchange Chamber)
Websitewww.kbb.sk

Markets

Primary markets on the exchange are:

  • Emission trading
  • Agricultural trading
  • Investment diamonds

Web services

Commodity Exchange Bratislava runs project EUAMarket.com.[1] Traders are allowed also to use web services to trade at the market by programming languages.[2]

Security

CEB uses several guarantee systems, and settling company to provide additional security.

  • Guarantee system 1 - collateral 2% of the contract value
  • Guarantee system 2 - full payment or delivery before an order
  • OTC market - no guarantees, only contact information is exchanged

Settling company

Settling company provides additional security in terms of that two independent companies are required to sign the outgoing transaction. The settling company at CEB is LINNA.[3]

gollark: Hey, humans could TOTALLY mess up in that way too!
gollark: *But* some single humans could... probably break civilization.
gollark: Not entirely, no.
gollark: As technology improves this will probably get even more problematic as individual humans get able to throw around more energy to do things.
gollark: > A human gone rogue can be stopped easily enoughI mean, a hundred years ago, a rogue human might have had a gun or something, and could maybe shoot a few people before they were stopped. Nowadays, humans have somewhat easier access to chemical stuff and can probably get away with making bombs or whatever, while some control advanced weapons systems, and theoretically Trump and others have access to nukes.Also, I think on-demand commercial DNA printing is a thing now and with a few decades more development and some biology knowledge you could probably print smallpox or something?

References
  1. http://www.kbb.sk/en/article/ceb-opens-eua-market/
  2. http://en.wiki.kbb.sk/CommodityExchange/EUAMarket_Web_services%5B%5D
  3. http://orsr.sk/vypis.asp?lan=en&ID=29384&SID=2&P=0


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