Introduction
Bell Commodities Limited is a long established futures broker in Australia.
Bell Commodities is a division of Bell Potter Securities, a member of the Bell Financial Group (ASX: BFG).
The business has more than twenty five years of experience in helping customers use futures and options as effective tools for hedging, trading and investing.
Bell Commodities' sole purpose is to facilitate the efficient transaction of customer business on both the local and the overseas futures and option markets.
The business has offices in Sydney, Melbourne and Brisbane and its affiliates have offices in all the principal international financial centres where futures and options markets operate.
Background
Bell Commodities Limited was the founding member of the Bell group of companies and commenced business in Melbourne, Victoria in 1970.
The foreign exchange and futures business of Bell Commodities Limited was subsequently acquired by Bell Financial Group as part of its listing on the ASX on 12 December 2007.
The business provides a full broking service to the Australian public encompassing coverage of all the local and international markets.
Within the context of an ever-changing array of niche market players and full service banking type organisations, Bell Commodities stands as a distinctive entity with the commitment, expertise, experience and resources to meet the varied requirements of all users of the local and overseas futures and options markets.
Overseas Markets
Bell Commodities has long standing international relationships, which provide it with access to all the international futures and options markets.
These international relationships are with key and longstanding members of the futures and options exchanges centred in Chicago, New York, Philadelphia, Winnipeg, London, Singapore and Hong Kong, which in turn have access to the other US, European and Asian markets in Kansas City, Minneapolis, Paris, Frankfurt, Barcelona, Tokyo and Osaka.
The business has direct floor access to prominent floor booth locations staffed by qualified salaried floor brokers. In addition, our international correspondents also operate 24-hour desks as well as all the after hours screen dealing systems.
Authorisation and Regulation
Bell Potter Securities Limited, trading as Bell Commodities, is an Australian Financial Services Licensee.
The Company's operations are regulated by the Australian Securities and Investments Commission (ASIC), SFE Corporation Limited and the Australian Securities Exchange Limited.
In relation to the United States of America, Bell Commodities has been exempted under Commodity Futures Trading Commission (CFTC) Rule 30.10 from being registered under, and otherwise complying with, most of the requirements of Part 30 of the CFTC rules. Pursuant to the terms of this exemption the company has agreed, in relation to its futures broking activities with members of the public of the United States of America (USA), to consent to USA jurisdiction, and to appoint an agent in the USA for the service of process. The National Futures Association fulfils this agency role.
Markets and Membership
Bell Potter Securities, trading as Bell Commodities, is a Full Participant of the SFE Corporation Limited (Sydney Futures Exchange - SFE) and Australian Stock Exchange Limited (ASX - Futures).
Bell Potter Securities, trading as Bell Commodities, is also a Clearing Participant of the SFE Clearing Corporation Pty Limited (Sydney Futures Exchange - SFEC) and Australian Clearing House Pty Ltd (ACH - ASX Futures).
As well as transacting business on the futures and options markets conducted by the SFE and ASX, Bell Commodities has in place arrangements which provide it with direct access to the trading floors of all the major international futures and options markets in those countries where the Company does not hold market memberships in its own right.
Additionally, the Company has counterparty relationships that give it access to the 24 hour inter-bank foreign exchange market for Margin Foreign Exchange trading.
Bell Commodities' Approach
Bell Commodities prides itself on the flexibility of its response to the varied requirements of its customers. The Company's success is based on that skill, combined with its professionalism and the range of services it has to match the needs of an increasingly demanding market place. Bell Commodities is totally dedicated to serving the needs of its customers and, to that end, focuses on providing a high level of specialised and personal service.
A key feature of Bell Commodities' service is the provision of round-the-clock access to all local and overseas markets. The Company's Sydney office is staffed 24 hours, 5 days a week. Consequently the Company fully supports the SFE's SYCOM after hours screen dealing facility.
Over the years Bell Commodities has been able to deliver a consistently high level of service to its customers. This is in great part due to the stability of its management, broking, trading and administration teams. The long-term employment of key personnel has enabled the Company to deliver continuity of service as well as develop a high level of professionalism in meeting customer requirements. These factors also provide the basis for the Company's outstanding reputation for integrity and honesty.
While Bell Commodities unreservedly subscribes to the maxim of "putting customers first" to demonstrate a complete commitment to customer relationships free from any conflict of interest, the Company only has customer business, as it transacts no house or shareholder business. Because Bell Commodities generates its revenues solely through the services it provides, rather than by engaging in market activities on its own or its shareholders' behalf, it avoids the possibility of compromising its objectivity or focus. Consequently, customer relationships are paramount.
Bell Commodities customers expect complete confidentiality in their market dealings and no effort is spared to preserve the anonymity of their transactions. The Company prides itself not only on being very professional, but also being very private. Over the years, many customers have chosen to deal with Bell Commodities because they know they can rely on that discretion.
Product Disclosure Statement
Please click here to download the Bell Commodities Product Disclosure Statement
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