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The Importance of Scale in Trading
The world of 20 years ago, 20 trading houses down to a handful of very big ones. The ability to operate globally and freely has changed as well though, hasn't it? I think also the kind of the core calling guarder, you know, there are the reds on tests for trading companies like ourselves. It's no longer just a question of price or quantity or quality, but also provenance of the origin,. everything else.