Certificate of Shipment

A Certificate of Shipment is a document stating that the goods must be delivered to the buyer of a futures contract during a futures exchange.

What is Certificate of Shipment ?
A Certificate of Shipment is a document usually used during futures exchanges. This document is issued by a facility approved by the exchanges involved. It acts as confirmation that the facility will deliver the goods to the certificate holder according to the terms mentioned in the certificate of shipment.