Trade finance products agribusiness stocks are showing

Agribusiness stocks are showing relative strength on expectations of continued credit-backed sales abroad. These trends, along with a rising demand for digital transformation and infrastructure, were expected to continue and fuel deal activity, he said. Offering a platform-agnostic trade finance solution, LiquidX covers the end-to-end trade finance life cycle, from origination to reconciliation, and can accept any invoice and data source format. LiquidX’s digitization technology transforms purchase orders, invoices, policies, and other assets into self-executing smart contracts that deliver upstream and downstream visibility to optimize the working capital cycle. Banks and asset managers both can optimize front, middle-, and back-office functionality, alleviating the efficiency pain points created by cumbersome, paper-heavy workflows. Improved data management allows clients to track data at granular and macro levels via a real-time dashboard. Port throughput data in Singapore and Rotterdam suggest global trade flows are rebounding, supporting higher issuance of trade finance products. Shipping and freight-related equities are attracting increased institutional buying.