Established in the mid-1970s, the U.S. Commodity Futures Trading Commission (CFTC) is the go-to authority for American exchange-traded derivatives. Established by the Commodity Futures Trading Commission Act of 1974, the CFTC is the regulatory body of U.S.-based futures and options markets. Exchanges, commercial banks, clearinghouses, brokers, and traders are all subject to CFTC’s oversight. If… Read more.
The Commitment of Traders (COT) Report is conducted by the Commodity Futures Trading Commission (CFTC) detailing the open interest in each futures and options on commodities markets containing 20 or more traders holding position sizes large enough to meet the CFTC’s reporting level.
Part Three: Caveat Ideally, a trade room should flow like King Arthurs “round table”. Everyone should have an equal say, while having a king (moderator) ultimately set the tone. Role of Moderator All rooms will have some type of moderator in place that controls the forum. Whether they are the actual owner of the trade… Read more.
As you start following the futures markets, you will find that brokers, traders, and individuals in the futures/commodities industry have certain “speak”. Much like the military, where exotic terms for everything are the norm, traders have their own language that could confuse a beginner. Specific market terms are difficult to comprehend at first but are… Read more.
Futures contracts, including trading in crude oil futures, are financial instruments that carry with them legally binding obligations. Buyer and seller have the obligation to take or make delivery of an underlying instrument at a specified settlement date in the future. Oil futures are part of the derivatives family of financial products as their value… Read more.