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: Presumably most of the data on the actual network links is encrypted. If you control the hardware you can read the keys out of memory or something (or the decrypted data, I suppose), but it's at least significantly harder and probably more detectable than copying cleartext traffic.
gollark: Well, yes, but people really like blindly unverifiably trusting if it's convenient.
gollark: Or you can actually offer something much nicer and better in some way, a "killer app" for decentralized stuff, but if you do that and it's not intrinsically tied to the decentralized thing the big platforms will just copy it.
gollark: Yes, users are bad and won't care unless something directly affects them.
gollark: Also, in my experience the more privacy-friendly stuff also is more lightweight due to being designed with a mindset of doing it well and not adding excessive features, versus Facebook and whoever just using whatever allows them to get better time to market and shove in 2000 different weird features ~~stolen from~~ inspired by other platforms.

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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