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Bodyguard and Security / 1st Issue

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Pragokoncert Bohemia,<br />

a.s - Czeh Art Agency<br />

PRAGOKONCERT BOHEMIA, the daughter company of trading<br />

<strong>and</strong> producing company GRADDO, a.s . PRAGOKONCERT<br />

BOHEMIA is with its 40 years long tradition one of the most recognized<br />

cultural <strong>and</strong> art agencies in the Europe. Except of music<br />

festivals (Masters of Rock, Prague International Jazz Festival), mega<br />

concerts (Lord of the Dance, Manowar, Art Garfunkel, M. Caballé)<br />

<strong>and</strong> art shows (David Copperfield) it also runs the most famous<br />

jazz club in the Central Europe, named REDUTA.<br />

The worldwide known magician<br />

David Copperfield shows in the<br />

Czech Republic were very successful.<br />

Shows were organized by the<br />

Pragokoncert Bohemia Agency <strong>and</strong><br />

were opened by the meeting with<br />

the owner of the company JUDr.<br />

PhDr. Alex<strong>and</strong>r Cach, PhD.<br />

Spheres of activity:<br />

show casing of artists <strong>and</strong> musical groups, local <strong>and</strong> foreign artists<br />

representation, the cooperation with foreign agencies, recording<br />

companies, broadcasting <strong>and</strong> TV stations, concert, theater, musical<br />

<strong>and</strong> art show production for organizators, cultural centers, towns<br />

<strong>and</strong> recognized institutions <strong>and</strong> organization, the organization of<br />

the traditional jazz festival “International Jazz Festival Prague”,<br />

managing the most popular jazz club in central Europe “Reduta”,<br />

organizing beneficiary concerts <strong>and</strong> medial projects in combination<br />

with sports, sales <strong>and</strong> representative events, providing of modeling,<br />

photomodeling services, castings <strong>and</strong> fashion shows.<br />

CMX an EMX Introduction<br />

Global Mercantile eXchange, LLC (GMXchange) is a member of<br />

the GMX group, Inc with its registered office in Chicago. And together<br />

with GMX Trading they comprises a trade group that is specialized<br />

in a global commodities trade, especially energy <strong>and</strong> industrial<br />

metals trade.<br />

GMXchange is a fully electronic commodity exchange that conducts<br />

business in United States of America. The Commodity Futures<br />

Trading Commission (CFTC) licenses it. In 2005 The Global<br />

Mercantile Exchange joined with the European Merchantile<br />

Exchange (EMXchange) whose registered office is in Bratislava<br />

(Slovakia). Now GMXchange <strong>and</strong> EMXchange members <strong>and</strong> clients<br />

have an access to the exchange from all over the world. This is possible<br />

through the internet <strong>and</strong> a highly sophisticated electronic commercial<br />

platform. This electronic platform was developed together<br />

with the Chicago Exchange. Both exchanges are partners of The<br />

Clearing Corporation, Chicago, IL, USA. Thanks to the technology<br />

of the Extensible Clearing System (ECS) <strong>and</strong> a Global technology link<br />

all transactions are settled <strong>and</strong> guaranteed just through The Clearing<br />

Corporation.<br />

Due to interconnection of those exchange trades the commodities<br />

<strong>and</strong> contracts offer is extended to all interested parties. Today we<br />

can trade through the GMXchange <strong>and</strong> EMXchange with the basic<br />

industrial metals, especially with copper <strong>and</strong> aluminium <strong>and</strong> also<br />

precious metals – palladium <strong>and</strong> platinum. The offer is also extended<br />

within the energy commodities such as crude oil <strong>and</strong> LNG.<br />

Electrical energy will also be offered soon. As one of the few world<br />

exchanges EMX offers a contract for the building lumber <strong>and</strong> some<br />

other wooden products. GMX also deals extensively in steel futures.<br />

Implementation of such dealing was not successful in any other<br />

exchange until now.<br />

The President of the USA Bill Clinton <strong>and</strong> the President of the Czech Republic<br />

Vaclav Havel in January 1999 in a Jazz concert organized by the Pragokoncert<br />

agency in the most recognized jazz club within Middle Europe – Reduta.<br />

The CMX Graddo <strong>and</strong> GMX Trading provide full transport <strong>and</strong><br />

logistical services of all traded commodities. They have their offices<br />

in Moscow, Prague, Lisbon, London, Dubai <strong>and</strong> Chicago <strong>and</strong> are<br />

preparing to open offices in China <strong>and</strong> India.<br />

The Clients who are interested in placing their offer or request to<br />

a section of physical supplies (spot, forward) can use the services of<br />

the exchange broker who is a member of the exchange or they can<br />

themselves become exchange members. Member’s conditions are<br />

presented in the exchange rules <strong>and</strong> exchange statute. In the case of<br />

physical supplies, as mentioned above, the settlement is provided<br />

through The Clearing Corporation clearing center in Chicago where<br />

both exchanges have high guarantee funds <strong>and</strong> both seller <strong>and</strong><br />

buyer are after the exchange trade conclusion <strong>and</strong> confirmation free<br />

of risks.<br />

The big companies as well as banks <strong>and</strong> brokers <strong>and</strong> physical<br />

entities as well as small investors can speculate with financial products<br />

with high liquidity in a section of commodity derivates (futures,<br />

options) that are automatically financially settled through the TCC.<br />

GMXchange as a Futures Industry Association (FIA) member<br />

offers fourteen OTC contracts for aluminium <strong>and</strong> its alloys in the<br />

way of forwards <strong>and</strong> with financial settlement. Then it has spot <strong>and</strong><br />

forward contracts for palladium, platinum <strong>and</strong> copper.<br />

EMXchange is licensed by the European Union to provide the<br />

commodity exchange that enables her realization of all types of<br />

terminal trades including futures <strong>and</strong> options. Today the<br />

EMXchange offers spot contracts for building lumber, crude oil in<br />

Dubai, Liquid Natural Gas (LNG), rolled metal plates <strong>and</strong> steel<br />

ingots. Soon we also open a new separate section with electric<br />

energy where both forwards <strong>and</strong> futures on electric energy will be<br />

offered.<br />

17

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