ABOUT THE FTNX
Last post/update: September18,2019
FTN Exporting international trade and educational services established in 1988 is owned by FTN Exporting. The worlds leading authority in the business of trade as serviced by Davide Giovanni Papa of registered business entity FTN Exporting Australia. FTN Exporting is also a Private ‘Professional Commodity Trader’ (PCT) conducting business under the online name of ‘FTNX.’ All such aspects will soon change. In 2020 FTN Exporting and all of our ‘brands’ and educational services held will become one single corporate entity. From 2020 up to 8 Associates will own shares and operate FTNX and the ‘brand names’ therein (FTNX, SMICE, TWINE.etc.etc.) FTN’s founder D.G.A.Papa will retain a 20% share of this new entity and will head (as Chairman) as the association develops this unique association while slowly migrating to the corporate structure. Each FTNX Associate (Directors) brings their skill to our Round Table of Associates (RTA). In the meantime, FTNX is ready for a busy 2020 as usual while the transition takes place.
ABOUT THE NATURE OF OUR TRADING BUSINESS
FTNX buys and sells commodities from all over the world on a level playing field without favour nor prejudice, as Professional CommodityTraders (PCT). FTNX does not have possession of the goods we sell, in where the ‘title’ aspect as secured by FTNX is passed to the end buyer as per rules and laws defined under ICC Incoterms delivery rules. FTNX buys from the supplier of export-ready goods using the virtues of an ‘at sight documentary letter of credit’ as prescribed under ICC UCP international banking rules. In essence, FTNX only conducts the business of buying and selling commodities, using formidable and strictly applied safe trading procedures. From 2020, the FTNX will ply business in both the primary and secondary market place for revolving and single shipments. Some SPOT commodities are amongst our usual futures trading application. We deal in physical products, devoid of guesswork, rumours or influenced by shareholders.
PRINCIPALS CONSIDER DEALING WITH FTNX
Principals may do business with each other, or they chose 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, getting a contract for a monthly supply of a wanted product for 12 months or more is not an easy feat. Suppliers worldwide looking for an opportunity to seal a vary large procurement contract should also use your 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. Our well tested formidable and globally uniform trading process where the Rule of Law and our own experience always prevails. Doing as much brings a high level of security to the deal. Our leading and highly respected ‘formation of contract’ procedures governs the whole transaction. As a leading expert and best selling Author D.G.Papa method of trading also serve to educate those who do business with us, on the finer details of very safe trading principles and practices. We never take short cuts.
An export-ready supplier in possession of goods, testing possible sale with FTNX will receive expert guidance and possibly land a contract for the purchase of a large amount of stock plied product. 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.