Open account trade processing
Jul 24, 2013 · How to Open a Trading Account. Securities trading can be a financially and mentally rewarding experience, but only if you have the time and tools to properly research each trade. To make these trades, you'll have to work with a licensed BAFT-IFSA Establishes Industry Definitions For Open ... Feb 16, 2011 · The BAFT-IFSA Open Account Product Definitions will be used by banks when processing, servicing, and financing trade transactions without the use of traditional trade products like documentary letters of credit or documentary collections. This is a major milestone in the BAFT-IFSA initiative to define trade finance in the marketplace.