Scribd Logo
Upload

Welcome to Scribd!

  • 10 views

    NYBOT State-of-of-the-Art Trading Facility

    Uploaded by

    Ashwini Goud
    This document discusses NYBOT's electronic Commodity Operations Processing System (eCOPS) and how it aims to standardize and streamline commodity delivery processes. eCOPS is an internet-based platform using web services functionality to digitize documentation and delivery workflows. It has registered over 100 global users across roles involved in commodity delivery like warehouses, samplers, weighers, dealers, banks and clearing members. eCOPS uses XML data standards and aims to establish common operational protocols. It also explores synergies with other commodity markets like similarities in roles and documents between coffee and metals markets.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    NYBOT State-of-of-the-Art Trading Facility

    Uploaded by

    Ashwini Goud
    10 views15 pages
    This document discusses NYBOT's electronic Commodity Operations Processing System (eCOPS) and how it aims to standardize and streamline commodity delivery processes. eCOPS is an internet-based platform using web services functionality to digitize documentation and delivery workflows. It has registered over 100 global users across roles involved in commodity delivery like warehouses, samplers, weighers, dealers, banks and clearing members. eCOPS uses XML data standards and aims to establish common operational protocols. It also explores synergies with other commodity markets like similarities in roles and documents between coffee and metals markets.

    Original Title

    3-1-05-Fisher

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses NYBOT's electronic Commodity Operations Processing System (eCOPS) and how it aims to standardize and streamline commodity delivery processes. eCOPS is an internet-based platform using web services functionality to digitize documentation and delivery workflows. It has registered over 100 global users across roles involved in commodity delivery like warehouses, samplers, weighers, dealers, banks and clearing members. eCOPS uses XML data standards and aims to establish common operational protocols. It also explores synergies with other commodity markets like similarities in roles and documents between coffee and metals markets.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    10 views15 pages

    NYBOT State-of-of-the-Art Trading Facility

    Uploaded by

    Ashwini Goud
    This document discusses NYBOT's electronic Commodity Operations Processing System (eCOPS) and how it aims to standardize and streamline commodity delivery processes. eCOPS is an internet-based platform using web services functionality to digitize documentation and delivery workflows. It has registered over 100 global users across roles involved in commodity delivery like warehouses, samplers, weighers, dealers, banks and clearing members. eCOPS uses XML data standards and aims to establish common operational protocols. It also explores synergies with other commodity markets like similarities in roles and documents between coffee and metals markets.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 15

    NYBOT State-of-of-the-Art Trading Facility

    NYBOT Ags $468 Billion


    FCOJ = $17B
    Cocoa = $42B

    Coffee = $180B
    Sugar = $104B

    Cotton = $125B
    NYBOT --- eCOPS
    Cash Meets Futures
    Agenda
     What is eCOPS?

     Cash Market

     Futures Markets

     Relationships

     Q&A
    Coffee Cash Market Structure
    The GCA The ECF Contract
    Contract
    Importance of: Importance of:
    Used for 95% coffee Used for 90% of coffee imported
    imported into the North into Europe and Asia
    America Similar to GCA contract
     Similar to ECF contract XML standards now under
    First with XML development
    standards
    Coffee Communications

    1. Personal relations
    2. Telephone Communications

    3. Fax
    4. Email
    5. Data Transfer.
    Current Data
    Transmission
    Methods

     Corporate Web Sites


     Carrier Systems
     Dealer E-Mail
     Paper Title Documents
    What is eCOPS?
     Electronic Commodity Operations
    Processing System
     Platform built on the latest technology.
     Establishing standards of service,
    licensing, electronic data stream and
    documentation for the Industry.
     Internet based, web services functionality
    to document and streamline the delivery
    process.
    eCOPS
    Data Transmission

     XML Data Standards


     Web Based
     Operational Standards
    Registered Users
     29 Warehouses globally located
     36 Samplers globally located
     26 Weighers globally located
     35 Clearing Members
     15 Dealers globally located
     11 Banks globally located
     Overland Carrier – Pending addition
     Ocean Carriers – Pending addition
    Roles Played
     Warehouse – Issues the Electronic
    Warehouse Receipt.

     Sampler – Receives sampling orders to draw


    samples of the product.

     Weigher – Weighs the product and issues


    Weight Certificates.

     Dealer – Owner of the EWR’s. Issues delivery


    orders, sampling orders, title transfers for
    collateral financing and delivery.
    Roles Played
     Bank – Receives collateral assignment
    notices and releases title for collateralized
    goods.

    Clearing Member - Performs Exchange
    delivery functions.
    SYNERGIES
    eCOPS Metals
     Warehouses Depositories
     Graders /Samplers Assayers
     Weighers Weight Masters
     Grade Certificates Assayers Report
     Growths of Coffee Brands / Producers
     Ownership Changes Transfer Letters
     Financing Financing
     Delivery Invoices Street Invoices
     Overland Carriers Armored Carriers
     Ocean Carriers Ocean Carriers
    Warehouse
    Electronic Warehouse
    Receipt

    Weigher Overland
    Carrier

    Access Security

    Business
    Sampler eCOPS Logic
    Notification

    Document
    Repository Ocean
    Carrier

    Customs Broker

    Certifier

    $ $ $ $

    Clearing Member Clearing Organization Financial Institution Dealers


    Q&A

    You might also like