A commodity is therefore a mysterious thing, simply because in it the social character of men’s labour appears to them as an objective character stamped upon the product of that labour; because the relation Page 2 of the producers to the sum total of their own labour is presented to them as a social relation, existing …

fetishize in British English or fetishise or fetichize (ˈfɛtɪʃˌaɪz ) verb. (transitive) to be excessively or irrationally devoted to (an object, activity, etc)

A ‘commodity sign’ invests symbolic meaning in products or services as a signifier with an image as signified. In recent times, consumer culture is driven by our desire for superfluous wants, causing the production and consumption of commodity signs to become more specialised according to the notion of capital.

Commodity feminism refers to the way feminist ideas and icons are appropriated for commercial purposes, emptied of their political significance and offered back to the public in a commodified form – usually in advertising.

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Why does Marx begin his study of capital with the analysis of commodities — of useful products of human labor that are bought and sold? Our investigation therefore begins with the analysis of a commodity.”1 He begins with the commodity because it is the elementary form of wealth in capitalist society.

Discount appears when commodity futures price is less than spot price of that commodity. This helps traders to take appropriate positions at particular prices.

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Commodity Trading, as the name suggests, involves buying and selling goods such as fuel, metals, food, etc. Note that a Zerodha MCX/commodity account is your Zerodha trading account through which you can trade in various commodities.

BFO in Zerodha refers to BSE – F&O. You can activate the desired segment by using the segment activation through Zerodha Console. The income proof is mandatory to trade either in NFO or BFO.

Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).

DAY – A Day order, as the name suggests, is an order which is valid for the day on which it is entered. IOC – An Immediate or Cancel (IOC) order allows a Trading Member to buy or sell a security as soon as the order is released into the market, failing which the order will be removed from the market.

A day order or good for day order (GFD) (the most common) is a market or limit order that is in force from the time the order is submitted to the end of the day’s trading session. Immediate or cancel (IOC) orders are immediately executed or cancelled by the exchange.

A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor’s loss on a security position. Stop-limit orders are similar to stop-loss orders.

What is “VTD”? Valid Till Date VTD is a new facility offered through IIFL using which you can place buy and sell Limit orders in scrips of your choice specifying the period for which you want the order instruction to be valid. The period selected by you should be within the maximum validity date defined by IIFL.

You cannot set a stop loss for more than a day. However, there are many sites which offer a price alert option. For eg, if you want a stop loss at Rs. 100, set a price alert at Rs 105 so that you can be alerted in time.