Maintain Your Company Trading Partners and Credit

All transactions completed on ChemConnect’s Chalkboard trading application are subject to credit settings set by each individual company.  You, as the Company Administrator, is responsible for setting and changing the credit of corresponding trading partners.  

 

Each company has the option of setting credit for physical and financial deals as well as the length (term) of the deal completed.  The company administrator is only allowed to change credit settings before 8:00 AM CST or after 5:00 PM CST.  If a company needs to change credit during trading hours, you must contact your Chalkboard Customer Service Representative to do so.  However, you can view your credit settings at anytime.

 

New companies that register with ChemConnect’s Chalkboard will have their company name automatically appear in the Credit Settings window.  In addition, each new company is announced in the ChemConnect System News  when you login to the Chalkboard application.  

 

We suggest you review the credit setting trading partner list often and immediately to establish trading restrictions with companies, especially new companies that have joined the trading application.  Trading cannot occur until each company has been enabled by your Company Administrator, as the default credit setting for all companies is NO.  

 

 

Change Your Trading Partners Credit

 

What

How

 

Set credit terms for physical deals

 

 

  1. Click on the Settings menu option

  2. The window automatically defaults to the Credit Settings window

  3. Choose the Commodity Market you wish to set credit from the drop down list

  4. Choose the Companies you wish to view from the drop down list of All Companies, New Companies or My Trading Partners (those companies already set to trade with your company)

  5. Click in the Physical Sell To column and set the correct credit setting for each trading company listed

  6. Click in the Physical Buy From column and set the correct credit setting for each trading company listed

  7. Click on the Save or Cancel button

  8. Click on the Close button to return to the Market window

 

 

Set credit terms for financial deals

 

 

  1. Click on the Settings menu option

  2. The window automatically defaults to the Credit Settings window

  3. Choose the Commodity Market you wish to set credit from the drop down list

  4. Choose the Companies you wish to view from the drop down list of All Companies, New Companies or My Trading Partners (those companies already set to trade with your company)

  5. Click in the Financial Sell To column and set the correct credit setting for each trading company listed

  6. Click in the Financial Buy From column and set the correct credit setting for each trading company listed

  7. Click on the Save or Cancel button

  8. Click on the Close button to return to the Market window

 

 

Set term limit for any deals

 

 

  1. Click on the Settings menu option

  2. The window automatically defaults to the Credit Settings window

  3. Choose the Commodity Market you wish to set credit from the drop down list

  4. Choose the Companies you wish to view from the drop down list of All Companies, New Companies or My Trading Partners (those companies already set to trade with your company)

  5. Click in the Term (Months) column and set the credit terms for each trading company listed

  6. Click on the Save or Cancel button

  7. Click on the Close button to return to the Market window