Commodity Broking Services abbreviated (CBS) is a specialized private Australian brokerage and investment company founded in 2004 by Jonathan Barratt and Paul Mckay. Originally set up in the outback town of

Warren, New South Wales Warren is a town in the Orana Region of New South Wales, Australia. It is located off the Mitchell Highway, 120 kilometres north west of Dubbo, and is the seat of the Warren Shire local government area. At the , Warren had a population of 1,530 ...

, the purpose was to aid and educate Australian farmers suffering from

drought A drought is defined as drier than normal conditions.Douville, H., K. Raghavan, J. Renwick, R.P. Allan, P.A. Arias, M. Barlow, R. Cerezo-Mota, A. Cherchi, T.Y. Gan, J. Gergis, D. Jiang, A. Khan, W. Pokam Mba, D. Rosenfeld, J. Tierney, an ...

with some financial stability in commodity trading and product protection. With the support of Australian farmers and investors, the company expanded into

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

; of which the company is currently headquartered. It still retains strong links with the Warren office, where the agricultural division is located. Commodity Broking Services offers trading and data via its online trading platform. The range of financial products includes Foreign Exchange, Commodity Swaps, Australian-International CFD’s and Equity, Futures, Options, Superannuation Funds and Bonds. CBS is also the only financial company that currently provides both physical commodity and commodity swaps in Australia. A

commodity swap A commodity swap is a type of Swap (finance), swap agreement whereby a floating (or market or spot) price based on an underlying commodity is traded for a fixed price over a specified period. The vast majority of commodity swaps involve oil. Many ai ...

is a financial instrument that provides produces and end-users of commodities with the ability to hedge their commodity risk in local weights, measures and seasons without having to commit produce to the contract.

Business

CBS involves itself in three divisions: investment, agricultural and education. Investment division focuses on offering financial products to individuals, families and funds via the online trading platform. Agricultural division is focused on assisting farmers with hedging and commodity swap to protect their production and livelihood. Education division is mainly focused on educational and advisory services for individuals and institutions.

Quick Facts

* CBS has an alliance with the Danish investment bank,

Saxo Bank Saxo Bank is a Danish investment bank specializing in online trading and investment. It was founded as a brokerage firm in 1992, under the name Midas Fondsmæglerselskab (English: ''Midas Stockbroker Company''), by Lars Seier Christensen, Kim F ...

. * The company’s logo – A sheaf of wheat, is symbolic for the rewards received from the bond and hard work associated with the harsh Australian environment. It is also the symbol for the Greek Goddess of Fertility -

Demeter In ancient Greek religion and mythology, Demeter (; Attic: ''Dēmḗtēr'' ; Doric: ''Dāmā́tēr'') is the Olympian goddess of the harvest and agriculture, presiding over crops, grains, food, and the fertility of the earth. Although s ...

References

{{Reflist Investment companies of Australia Financial services companies based in Sydney