Platforms that facilitate the buying and selling of commodities, such as oil, metals, and agricultural products, providing a marketplace for traders to engage in spot, futures, or options contracts.
Main/
Commodity Trading Platforms
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Code
PS0113
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Name
Commodity Trading Platforms
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Version
1.0
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Category
Wealth & Investment
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Created
2025-03-14
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Modified
2025-04-02
Related Techniques
- Criminals register on these platforms to buy and sell metals, using rapid trades and complex order chains to hide transaction trails.
- Inconsistent pricing or volume patterns across different markets allow for laundering methods like overvaluing and undervaluing of commodities.
- Facilitate spot and futures trading of gold, enabling repeated high-value purchases and sales that increase layering complexity.
- Subject to varying documentation requirements depending on jurisdiction, allowing criminals to exploit regulatory discrepancies.
- Criminals can trade carbon credits as intangible commodities, using quick buy/sell cycles to layer illicit funds.
- Fragmented oversight across jurisdictions for carbon credit transactions hampers AML checks, obscuring beneficial owners and transaction flows.
- Rapid, high-volume trades on commodities (e.g., metals, agricultural products) mask true ownership and distort pricing.
- Fabricated shipping documents and false warehouse receipts can be linked with platform trades to legitimize illicit flows.
- Offer large-scale transactions in various commodities, blending criminal funds with legitimate market activity.
- Integrate with cross-border payments, making it difficult to track the movement of illicit proceeds arising from contraband trade.