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While all this is hardly news to the commodity trading fraternity, many people have been surprised by the uncommonly large profits many publicly offered commodity funds made last year.
The Worshipful Company draws its membership from the international trade fraternity, with the aim of raising awareness and understanding of, and standards of practice in, world trade.
In effect, the lawsuit indicates that a member of the cotton’s insular trading fraternity believes the futures market for the commodity was manipulated for weeks last year, forcing consumers to pay higher prices.
The new ruler of Melaka, Sri Maharajah, switched his allegiance to the Muslim trading fraternity by marrying into the Muslim faith, wedding the daughter of a sultan in Sumatra.
From the outset the World Traders were determined to be a working Guild, only accepting members from the international trade fraternity, with the aim of raising awareness and understanding of, and standards of practice in, world trade.
