The life cycle of commodities varies considerably depending on the economic, technical and structural (i.e., industry, value chain) profile of each commodity as well as the sector. A short life cycle allows for relatively rapid adjustment to outside events, whereas a long life cycle generally limits the ability of the market to react. Trade Life Cycle/Securities trade life cycle. In finance, a trade is an exchange of a security (stocks, bonds, commodities, currencies, derivatives or any valuable financial instrument) for “cash”, typically a short-dated promise to pay in the currency of the country where the ‘exchange’ is located. The price at which a financial Trade life-cycle are the different stages , by which a trade flows through. These are detail steps, from the point of order, receipt, execution and settlement of trades in a systematic manner.