PROFESSIONAL COMMODITIES TRADER
Last post/update: September 20,2019
Registered business entity FTN Exporting (FTNX) is an international commodities trader established in 1988. We commenced business with the use of facsimile and telex machines, today being replaced with computers and the internet email system. FTNX is owned by the worlds leading authority in the business of the private Professional Commodity Trader (PCT) as serviced by International best selling author Davide Giovanni Papa of Melbourne Australia, who brings both experience and education to all business being initiated with us. We intently consider large commercial business applications.
ABOUT THE NATURE OF OUR TRADING BUSINESS
FTNX buys and sells commodities from all over the world as a buyer or seller, on a level playing field without favour nor prejudice, as a Professional Commodity Traders (PCT). FTNX does not have possession of the goods we sell, in where the ‘title’ aspect of such goods as secured by FTNX as seller, is passed to the end buyer as per international delivery rules defined under ICC Incoterms Paris, France. Our unique procedures also incorporate principles of trade which includes laws as defined under UNCITRAL and International Contract Formation Rules and the business of International Agency, as specified and covered under foreign laws of England. We have also adapted rules from localised intestate / international commerce as prescribed under the USA Uniform Commercial Code (UCC) Code. Bank matters on the issuance of financial instruments is governed by ICC UCP International banking rules, while ICC URC governs all matters of collecting on a DLC. Unlike localised laws and rules, UCP and URC rules are universally accepted procedures no matter from which country the suppliers or end buyers are from. The above basis used by FTNX is bound by our 30 years of experience which delivers the supporting routine that buyers and suppliers in some part will need to abide by, as we will not compromise the many security features of our well tested procedures–Simply said, we don’t take risks. When combined our mainstream well tested and respected trading procedures are both formidable and laden with security features supported by the rule of law. In essence, FTNX only conducts the business of buying and selling commodities, using correctly applied and universally acceptable trading procedures.
PRINCIPALS CONSIDER DEALING WITH FTNX
Principals may do business with each other, or they have the option instead to go through FTNX. Don’t think that dealing with the supplier directly is going to get an end buyer the best price and service. As to suppliers; securing a single VLBC shipment contract or a contract for revolving monthly supply of a wanted product for 12 months or more is not an easy feat. Suppliers worldwide looking for added sales should also use our services. To deal with only one person who could secure such a large contract, means we want the best lowest price basis in return for serving new business and best practices. The end buyer and supplier dealing with FTNX will be dealing with international trade specialists and experts. We never take short cuts.
Our legacy to the business of international trade is apparent; one set of procedures that can be used by end buyers, suppliers and private traders worldwide, in where best laws support our practice. New importers and exporters entering the precarious international trading arena for the first time, buying or selling goods via the FTNX is a very good idea. Safe dealing and best prices are assured.