Benefits of Participants

View Trading Rules and Regulations
and Privacy Policy
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Licensee Structure

Your Ormita Operation

An Ormita licensee acts as a clearinghouse for the trade of excess capacities, goods and services through a combination of online e-commerce, transaction processing, 24 hour telephone brokering and independent licensees.

Rather than promoting direct trade between participants the Company brokers trades through a centralized marketplace.

  1. Transactions are recorded in a centralized “ledger” which records the value of the items purchased (debit) and sold (credit) - much like a clearinghouse does for stocks, or a commercial bank does for checks.
  2. This ledger system utilises a “trade credit” as a method of accounting with 1 Trade Credit = $1. (NB. Trade credits are also referred to as Barter Dollars by our competitors)
  3. Just like any brokerage firm, Ormita receives a cash commission on each transaction.

At the core of the business is an electronic trading platform that allows participants to buy and sell their excess capacity and/or stock in return for:

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