At the inception of the Federal Reserve in 1913, it was presumed that Federal Reserve assets would primarily consist of short-term privately issued paper, such as bankers' acceptances, trade acceptances
, and bills of exchange.
The underlying receivable has been converted into a Trade Acceptance
Gillette stated that all the pieces are coming together, as it has the ongoing strength of its existing products and great trade acceptance
of its new products; increased manufacturing productivity and cost savings; and high growth in key international markets.
Actrade" or the "Company") announced today that, effective immediately, Actrade and all of its subsidiaries will cease writing any new business and will not issue new Trade Acceptance
This facility is in addition to the company's trade acceptance
facility with AcTrade Financial Technologies, LTD.
In particular, the US lacked a liquid market in trade acceptances
, the instrument used to finance imports and exports.
The first stage of the test will include transmitting messages related to account openings, trade authorizations, trade acceptances
and rejections, restrictions, terminations, deposits, withdrawals and trade activity between UBS and their IMs.
One of the heavy hindrances in former years lay in the lack of a market for foreign trade acceptances
in the United States such as exists in all the Western and Central European countries.