How REYMOND works.
Learn how REYMOND qualifies, protects, and connects crude oil market participants through a proven mandate brokerage process.
01
Qualification & verification
Every principal — buyer or seller — must provide verifiable credentials before any introduction is made. For sellers, this means valid allocation or SPA. For buyers, we require POF or ICPO from a recognised institution.
02
Documented procedure
We operate strictly by written procedure: ICPO → POF → FCO → LOI → SPA. No verbal agreements, no informal commitments. Each step is documented and signed before the next begins.
03
NCNDA protection
Before any counterparty is introduced, all parties sign a Non-Circumvention, Non-Disclosure Agreement (NCNDA). Your information and relationships remain confidential throughout the transaction.