. While speculators get the blame when futures markets become volatile, they play an important role in making the markets. Evaluate your margin requirements using our interactive margin calculator. The company is comprised of four Designated Contract Markets (DCMs). The hedger on the other side wants to avoid risk; he/she is buying insurance from, and transferring risk to, the speculator. Learn why traders use futures, how to trade futures and what steps you should take to get started. Access real-time data, charts, analytics and news from anywhere at anytime. Bullish Speculator – A bullish speculator expects prices of securities to rise. Though speculative trading activity generates considerable liquidity, all market players benefit. Wenjin Kang is at the School of Finance, Shanghai University of Finance and Economics and the Shanghai Institute of International Finance and Economics. No doubt, the damage to price levels in recent weeks has been sharp and painful. Understand how the bond market moved back to its normal trading range, despite historic levels of volatility. Speculators can achieve these profits by buying low and selling high. Speculators in the futures markets are firms, manufactures and companies that are trying to predict or anticipate what futures contracts prices will rise or fall and when this will happen, and profit from it. Explore historical market data straight from the source to help refine your trading strategies. Speculators have no interest in owning the product being traded, but they are interested in the contracts for those products. While speculators get the blame when futures markets become volatile, they play an important role in making the markets. Speculators and funds in commodity markets are oftentimes not physically connected to growing or producing an actual traded commodity but have interest in market participation based on market conditions. A speculator is any individual or firm that accepts risk in order to make a profit. Nevil Speer is based in Bowling Green, Ky. and serves as director of industry relations for Where Food Comes From (WFCF). After the financial collapse in 2008, there was an investigation into speculative activity and it was determined then that speculators did not have unacceptable market control. 2. The illustration highlights weekly net positions among commercial (hedgers) and non-commercial (speculators) market participants, respectively. In other words, the speculators have liquidated roughly 70,000 contracts in recent months. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Speculation is the purchase of an asset with the hope that it will become more valuable in the near future. 1. Lines and paragraphs break automatically. A bull is a speculator who buys the securities with the hope of selling them at a higher price in the future. For individuals trading their own funds, electronic trading has helped to level the playing field by improving access to price and trade information. Speculators are attracted to market volatility, which helps them earn a return — either on the upside or the downside of a trade. Providing liquidity is a crucial market function that enables individuals to easily enter or exit the market. Bearish Speculator – A bearish speculator is one who expects prices of securities will fall in the future. There are limits on how many contracts that one entity can hold in a futures market. This is the case whether the contracts are traded on an exchange or through brokers over the counter. Speculators use the futures market with the hope of making a profit. Nevertheless, this week’s illustration represents classic futures market theory. Market makers often profit from capturing the spread, the small difference between the bid and offer prices over a large number of transactions, or by trading related futures markets that they view as being priced to provide opportunity. These firms supply their traders with the education and capital required to execute a large number of trades per day. Copyright © 2020. Speculators are vulnerable to both the downside and upside of the market; therefore, speculation can be extremely risky. Coverage of premarket trading, including futures information for the S&P 500, Nasdaq Composite and Dow Jones Industrial Average. A bearish speculator sells short securities, aiming to profit from being able to repurchase them at a lower price at some point in the future. ‘Speculative funds move money in response to market signals,’ says Blue. In the world of commodities, a speculator is a party who typically does not handle the actual physical commodity but takes a financial position (long or short) with the expectation of profit from a move in the price of the asset. And generally, much of the noise revolves around speculators. Nonetheless, speculators aiming to profit in the futures market come in a variety of types. The interaction between speculators and hedgers is what makes the futures markets efficient. Speculators enter the futures market when they anticipate prices are going to change. So, while the speculators have been selling to get out of their long positions, the commercial traders (hedgers) have facilitated that occurrence – they’ve acted as purchasers thereby enabling that liquidation (selling) to occur. October 18, 2020, 9:10 PM EDT Updated on October 19, 2020, 6:00 AM EDT 1:08. All rights reserved. Proprietary trading firms, also known as prop shops, profit as a direct result of their traders’ activity in the marketplace. The idea behind allowing futures contracts to be offered on the open market is to open up access to them to anyone, including speculators. Market makers are trading firms that have contractually agreed to provide liquidity to the markets, continually providing both bids and offers, usually in exchange for a reduction in trading fees. The speculators are interested in futures market because the futures market is open to all traders regardless of the size of the traders investment. Speculators Reverse Big Nasdaq Short By . Speculators are primary participants in the futures market. All types of speculators bring liquidity to the market place. A speculator is any individual or firm that accepts risk in order to make a profit. CME Group is the world's leading and most diverse derivatives marketplace. Some speculative trading in the futures and options market is a good thing in that their trading activity adds trading volume, which helps hedgers to more easily enter and exit the market. Markets. This efficiency and the accuracy of the supply-and-demand equation increase as the underlying contract gets closer to expiration and more information about what the marketplace requires at the time of delivery becomes available. For example, Charles Geist describes it this way in his great book titled, Wheels of Fortune: The History of Speculation from Scandal to Respectability: Almost from the very beginning, the markets have been called every imaginable name, from gambling dens to vital centers of commerce. Speculators can be individual traders, proprietary trading firms, portfolio managers, hedge funds or market makers. However, within that context, it’s important to remember that futures markets operate on a system of perfect balance. They have been decried as having no economic value…The commodities futures markets invite a wide panoply of interpretation – from being the home of Satan himself to the cathedrals of the messiahs of business, depending upon one’s point of view. These market participants aim to offset or eliminate risk and are referred to as hedgers. In contrast to speculators who aim to profit by assuming market risk, some buyers and sellers have a vested interest in the underlying asset of each contact. Hedger: A person who takes a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. Obviously, this profit objective is easier said than done. That’s sure been true in recent weeks. Speculators accept risk in the futures market. This week’s graph provides some perspective for those concerns. The portfolio manager implements the fund’s investment strategy and manages the day-to-day trading. The Speculator's Edge: Strategies for Profit in the Futures Markets: Pacelli, Albert Peter: 9780471503606: Books - Amazon.ca WENJIN KANG. For a trade to occur, each buyer must have a seller or each seller must have a buyer. Today, hedge funds use hundreds of different strategies in an effort to maximize returns. This trading course will teach you to recognize the opportunities and dangers of speculation through examples and case studies, and gain insight on behaviors that indicate a person's vulnerability to loss in speculating on futures markets Click here to view a sample … Futures markets are often used to increase or decrease the overall market exposure of a portfolio without disrupting the delicate balance of investments that may have taken a significant effort to build. Speculators generally do not produce or use the underlying commodity being traded. That is, there were loud detractors about speculators being long and causing prices to go too high; speculators were purchasing “too many” contracts. Create a CMEGroup.com Account: More features, more insights. However, because speculators invest funds in the market, usually for the shorter term, the broader market benefits because their trading brings greater clarity to the value of the underlying asset. The more money speculators are willing to put to work in the market, the more liquid it is and the easier it is to buy and sell without causing big ripples in prices. Cattle feed costs impacting profits in 2021, Meanwhile, other issues are also important to beef producers. Fake meats made from plants, cells & humans? This group of traders is not on the exchange to hedge the price of the commodity (as is the case with the hedgers). As such, the short ≈ must be willing to sell a futures contract at some level below the expected future price of the commodity. Search for more papers by this author . Meet the speculator. Net long positions in S&P 500 e-mini futures in the week to Oct. 27 were the most since January 2019, Commodity Futures Trading Commission data show. That is, for every buyer there must be a seller—and vice-versa. Speculators can achieve these profits by buying low and selling high. The group of large speculators consists of large hedge funds, index funds, banks and other asset management entities. Nevil Speer | Mar 19, 2020 Futures markets inherently stoke emotion from observers and sometimes participants – especially in times of market turmoil both up and down. Speculators are sophisticated investors or traders who purchase assets for short periods of time and employ strategies in order to profit from changes in its price. Obviously, this profit objective is easier said than done. Interesting to note, during the height of the financial crisis and subsequent concerns about inflation due to fiscal stimulus, the concerns were on the opposite side of the equation. While they put their money at risk, they won’t do so without first trying to determine to the best of their ability whether prices are moving up or down. Gregor Stuart Hunter. Informa Markets, a trading division of Informa PLC. The margin and high leverage in futures market. Tools offer more choice in how to till soils, Farm like you mean it with these tillage tools, Wheels of Fortune: The History of Speculation from Scandal to Respectability. Having securities traded on public markets serves to provide both more liquidity and better price discovery. He adds that leverage is also attractive to speculators who try to profit from market price moves and neither produce nor use the physical product. However, that didn’t occur in a vacuum. Speculators analyze the market and forecast futures price movement as best they can. In finance, speculation is also the practice of engaging in risky financial transactions in an attempt to profit from short term fluctuations in the market value of a tradable financial instrument—rather than attempting to profit from the underlying financial attributes embodied in the instrument such as value addition, return on investment, or dividends. Provincial crop analyst Neil Blue looks at how speculators can affect commodity futures. Rather, they buy or sell futures contracts in hopes of profiting from price movements in the market by buying a contract at a lower price and selling at a higher price. Search our directory for a broker that fits your needs. But in the case of the futures market, they could just as easily sell first and later buy at a lower price. Beef Magazine is part of the Informa Markets Division of Informa PLC. Speculators, often simply known as traders, buy and sell futures contracts, options, and other exchange-traded products through an electronic platform or a broker, to profit from price fluctuations. Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements. The speculator takes a long futures position with expectation that price in the future will exceed current futures price, assuming rational decision-making. Speculators are primary participants in the futures market. A hedge fund is a managed portfolio of investments that uses advanced investment strategies to maximize returns, either in an absolute sense or relative to a specified market benchmark. They don’t come into contact with the physical commodity. The main reason many manufacturers or companies hedge is to profit, and to offset any higher costs of production going forward. Simultaneously, the commercial net position has shifted from being net short nearly 70,000 contracts to 11,000 contracts during the same time frame – a difference of nearly 60,000 contracts. The speed and ease of trade execution, combined with the application of modern risk management, gives the individual trader access to markets and strategies that were once reserved for institutions. Registered in England and Wales. Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio. Speculators can be individual traders, proprietary trading firm…

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For speculators, futures have important advantages over other investments: If the trader's judgment is good. Think of it like investing – buying and selling futures contracts in order to … Pervasive criticism of futures markets and speculators is an enduring theme. A speculator is any individual or firm that accepts risk in order to make a profit. Leave your thoughts in the comments section below. he can make more money in the futures market faster because futures prices tend, on average, to change more quickly than real estate or stock prices, for example. In the futures markets, speculators provide much-needed liquidity that allows the many market players to match their buy and sell orders. He can be reached at nspeer@wherefoodcomesfrom.com, https://www.beefmagazine.com/sites/all/themes/penton_subtheme_beefmagazine/images/logos/footer.png. This Week in Agribusiness, December 5, 2020. In any case, the smart speculator doesn’t oper… KE TANG. Speculators are primary participants in the futures market. Nonetheless, speculators aiming to profit in the futures market come in a variety of types. This has advantages to both … “However, over the last 25 years, there has been more speculative money involved in the futures market… Disclaimer  |  Privacy Policy  |  Cookie Policy  |  Terms of Use  |  Data Terms of Use  |  Modern Slavery Act Transparency Statement  |  Report a Security Concern. K. GEERT ROUWENHORST. Speculators tend to do their homework. The coincident rise in crude oil prices and increased numbers of financial participants in the crude oil futures market from 2000-2008 has led to allegations that "speculators" drive crude oil prices. A portfolio or investment manager is responsible for investing or hedging the assets of a mutual fund, exchange-traded fund or closed-end fund. Futures markets inherently stoke emotion from observers and sometimes participants – especially in times of market turmoil both up and down. Web page addresses and e-mail addresses turn into links automatically. The views and opinions expressed herein do not necessarily reflect those of WFCF or its shareholders. All the traders have relatively equal access to the futures market. Number 8860726. Get to Know Futures Expiration and Settlement, Tick Movements: Understanding How They Work, Understanding Futures Expiration & Contract Roll, Calculating Futures Contract Profit or Loss, Midwest Grain Trade: History of Futures Exchanges, /content/cmegroup/en/education/courses/introduction-to-futures/understanding-the-role-of-speculators, Modern Slavery Act Transparency Statement. Geert … And thus, the ebb and flow of net long vs. net short among the non-commercial versus commercial traders, respectively. Speculators … In addition to hedgers, we have speculators, which are the people that take the opposing side of these hedged trades. A Tale of Two Premiums: The Role of Hedgers and Speculators in Commodity Futures Markets. The speculator accepts price risk in pursuit of profit. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Most pertinent to recent market action, the net non-commercial position has declined from being net long around 90,000 contracts in January to just under 20,000 contracts on March 10. The name hedge fund is mostly historical, as the first hedge funds tried to hedge against the risk of a bear market by shorting the market. Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. Stream live futures and options market data directly from CME Group. The sentiment goes something like this: “It’s the speculators and their respective selling pressure that is driving market to new lows.”. And in the case of the past several weeks, that’s seemingly been the commercial side of the market. The diverse and highly liquid futures marketplace offer hedge funds the ability to execute large transactions and either increase or decrease the market exposure of their portfolio. futures markets operate on a system of perfect balance. By using the capital resources of the prop shop, traders gain access to more capital than they would if they were trading on their own account. But in the case of the futures market, they could just as easily sell first and later buy at a lower price. In layman’s terms, if a hedger needs to sell, the speculator will buy, and vice versa. The futures market originated as a means for buyers and sellers of a commodity to be able to set a price in advance of delivery of the physical product. Likewise, Hirshleifer’s (1989, 1990) speculators are drawn to futures markets by the risk premiums that are generated by hedging demands.2 The recent financial crisis has elevated concerns about speculators, particularly those operating outside the public eye, such as hedge funds and swap dealers. © 2020 CME Group Inc. All rights reserved. They also may have access to the same type of research and strategies developed by larger institutions. Search for more papers by this author. For example, if a speculator wants to sell a contract, that can only happen if there is someone on the other side willing to buy that contract at some given price. They may engage in the study of the external events that affect price movement or apply historical price movement patterns to the current market. Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. Otherwise the hedger cannot induce the speculator to assume a long position—the discount being what the hedger pays the speculator for assuming risk. Market makers are important to the trading ecosystem as they help facilitate the movement of large transactions without effecting a substantial change in price. Allowed HTML tags:


. While speculators get the blame when futures markets become volatile, they play an important role in making the markets. Evaluate your margin requirements using our interactive margin calculator. The company is comprised of four Designated Contract Markets (DCMs). The hedger on the other side wants to avoid risk; he/she is buying insurance from, and transferring risk to, the speculator. Learn why traders use futures, how to trade futures and what steps you should take to get started. Access real-time data, charts, analytics and news from anywhere at anytime. Bullish Speculator – A bullish speculator expects prices of securities to rise. Though speculative trading activity generates considerable liquidity, all market players benefit. Wenjin Kang is at the School of Finance, Shanghai University of Finance and Economics and the Shanghai Institute of International Finance and Economics. No doubt, the damage to price levels in recent weeks has been sharp and painful. Understand how the bond market moved back to its normal trading range, despite historic levels of volatility. Speculators can achieve these profits by buying low and selling high. Speculators in the futures markets are firms, manufactures and companies that are trying to predict or anticipate what futures contracts prices will rise or fall and when this will happen, and profit from it. Explore historical market data straight from the source to help refine your trading strategies. Speculators have no interest in owning the product being traded, but they are interested in the contracts for those products. While speculators get the blame when futures markets become volatile, they play an important role in making the markets. Speculators and funds in commodity markets are oftentimes not physically connected to growing or producing an actual traded commodity but have interest in market participation based on market conditions. A speculator is any individual or firm that accepts risk in order to make a profit. Nevil Speer is based in Bowling Green, Ky. and serves as director of industry relations for Where Food Comes From (WFCF). After the financial collapse in 2008, there was an investigation into speculative activity and it was determined then that speculators did not have unacceptable market control. 2. The illustration highlights weekly net positions among commercial (hedgers) and non-commercial (speculators) market participants, respectively. In other words, the speculators have liquidated roughly 70,000 contracts in recent months. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Speculation is the purchase of an asset with the hope that it will become more valuable in the near future. 1. Lines and paragraphs break automatically. A bull is a speculator who buys the securities with the hope of selling them at a higher price in the future. For individuals trading their own funds, electronic trading has helped to level the playing field by improving access to price and trade information. Speculators are attracted to market volatility, which helps them earn a return — either on the upside or the downside of a trade. Providing liquidity is a crucial market function that enables individuals to easily enter or exit the market. Bearish Speculator – A bearish speculator is one who expects prices of securities will fall in the future. There are limits on how many contracts that one entity can hold in a futures market. This is the case whether the contracts are traded on an exchange or through brokers over the counter. Speculators use the futures market with the hope of making a profit. Nevertheless, this week’s illustration represents classic futures market theory. Market makers often profit from capturing the spread, the small difference between the bid and offer prices over a large number of transactions, or by trading related futures markets that they view as being priced to provide opportunity. These firms supply their traders with the education and capital required to execute a large number of trades per day. Copyright © 2020. Speculators are vulnerable to both the downside and upside of the market; therefore, speculation can be extremely risky. Coverage of premarket trading, including futures information for the S&P 500, Nasdaq Composite and Dow Jones Industrial Average. A bearish speculator sells short securities, aiming to profit from being able to repurchase them at a lower price at some point in the future. ‘Speculative funds move money in response to market signals,’ says Blue. In the world of commodities, a speculator is a party who typically does not handle the actual physical commodity but takes a financial position (long or short) with the expectation of profit from a move in the price of the asset. And generally, much of the noise revolves around speculators. Nonetheless, speculators aiming to profit in the futures market come in a variety of types. The interaction between speculators and hedgers is what makes the futures markets efficient. Speculators enter the futures market when they anticipate prices are going to change. So, while the speculators have been selling to get out of their long positions, the commercial traders (hedgers) have facilitated that occurrence – they’ve acted as purchasers thereby enabling that liquidation (selling) to occur. October 18, 2020, 9:10 PM EDT Updated on October 19, 2020, 6:00 AM EDT 1:08. All rights reserved. Proprietary trading firms, also known as prop shops, profit as a direct result of their traders’ activity in the marketplace. The idea behind allowing futures contracts to be offered on the open market is to open up access to them to anyone, including speculators. Market makers are trading firms that have contractually agreed to provide liquidity to the markets, continually providing both bids and offers, usually in exchange for a reduction in trading fees. The speculators are interested in futures market because the futures market is open to all traders regardless of the size of the traders investment. Speculators Reverse Big Nasdaq Short By . Speculators are primary participants in the futures market. All types of speculators bring liquidity to the market place. A speculator is any individual or firm that accepts risk in order to make a profit. CME Group is the world's leading and most diverse derivatives marketplace. Some speculative trading in the futures and options market is a good thing in that their trading activity adds trading volume, which helps hedgers to more easily enter and exit the market. Markets. This efficiency and the accuracy of the supply-and-demand equation increase as the underlying contract gets closer to expiration and more information about what the marketplace requires at the time of delivery becomes available. For example, Charles Geist describes it this way in his great book titled, Wheels of Fortune: The History of Speculation from Scandal to Respectability: Almost from the very beginning, the markets have been called every imaginable name, from gambling dens to vital centers of commerce. Speculators can be individual traders, proprietary trading firms, portfolio managers, hedge funds or market makers. However, within that context, it’s important to remember that futures markets operate on a system of perfect balance. They have been decried as having no economic value…The commodities futures markets invite a wide panoply of interpretation – from being the home of Satan himself to the cathedrals of the messiahs of business, depending upon one’s point of view. These market participants aim to offset or eliminate risk and are referred to as hedgers. In contrast to speculators who aim to profit by assuming market risk, some buyers and sellers have a vested interest in the underlying asset of each contact. Hedger: A person who takes a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. Obviously, this profit objective is easier said than done. That’s sure been true in recent weeks. Speculators accept risk in the futures market. This week’s graph provides some perspective for those concerns. The portfolio manager implements the fund’s investment strategy and manages the day-to-day trading. The Speculator's Edge: Strategies for Profit in the Futures Markets: Pacelli, Albert Peter: 9780471503606: Books - Amazon.ca WENJIN KANG. For a trade to occur, each buyer must have a seller or each seller must have a buyer. Today, hedge funds use hundreds of different strategies in an effort to maximize returns. This trading course will teach you to recognize the opportunities and dangers of speculation through examples and case studies, and gain insight on behaviors that indicate a person's vulnerability to loss in speculating on futures markets Click here to view a sample … Futures markets are often used to increase or decrease the overall market exposure of a portfolio without disrupting the delicate balance of investments that may have taken a significant effort to build. Speculators generally do not produce or use the underlying commodity being traded. That is, there were loud detractors about speculators being long and causing prices to go too high; speculators were purchasing “too many” contracts. Create a CMEGroup.com Account: More features, more insights. However, because speculators invest funds in the market, usually for the shorter term, the broader market benefits because their trading brings greater clarity to the value of the underlying asset. The more money speculators are willing to put to work in the market, the more liquid it is and the easier it is to buy and sell without causing big ripples in prices. Cattle feed costs impacting profits in 2021, Meanwhile, other issues are also important to beef producers. Fake meats made from plants, cells & humans? This group of traders is not on the exchange to hedge the price of the commodity (as is the case with the hedgers). As such, the short ≈ must be willing to sell a futures contract at some level below the expected future price of the commodity. Search for more papers by this author . Meet the speculator. Net long positions in S&P 500 e-mini futures in the week to Oct. 27 were the most since January 2019, Commodity Futures Trading Commission data show. That is, for every buyer there must be a seller—and vice-versa. Speculators can achieve these profits by buying low and selling high. The group of large speculators consists of large hedge funds, index funds, banks and other asset management entities. Nevil Speer | Mar 19, 2020 Futures markets inherently stoke emotion from observers and sometimes participants – especially in times of market turmoil both up and down. Speculators are sophisticated investors or traders who purchase assets for short periods of time and employ strategies in order to profit from changes in its price. Obviously, this profit objective is easier said than done. Interesting to note, during the height of the financial crisis and subsequent concerns about inflation due to fiscal stimulus, the concerns were on the opposite side of the equation. While they put their money at risk, they won’t do so without first trying to determine to the best of their ability whether prices are moving up or down. Gregor Stuart Hunter. Informa Markets, a trading division of Informa PLC. The margin and high leverage in futures market. Tools offer more choice in how to till soils, Farm like you mean it with these tillage tools, Wheels of Fortune: The History of Speculation from Scandal to Respectability. Having securities traded on public markets serves to provide both more liquidity and better price discovery. He adds that leverage is also attractive to speculators who try to profit from market price moves and neither produce nor use the physical product. However, that didn’t occur in a vacuum. Speculators analyze the market and forecast futures price movement as best they can. In finance, speculation is also the practice of engaging in risky financial transactions in an attempt to profit from short term fluctuations in the market value of a tradable financial instrument—rather than attempting to profit from the underlying financial attributes embodied in the instrument such as value addition, return on investment, or dividends. Provincial crop analyst Neil Blue looks at how speculators can affect commodity futures. Rather, they buy or sell futures contracts in hopes of profiting from price movements in the market by buying a contract at a lower price and selling at a higher price. Search our directory for a broker that fits your needs. But in the case of the futures market, they could just as easily sell first and later buy at a lower price. Beef Magazine is part of the Informa Markets Division of Informa PLC. Speculators, often simply known as traders, buy and sell futures contracts, options, and other exchange-traded products through an electronic platform or a broker, to profit from price fluctuations. Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements. The speculator takes a long futures position with expectation that price in the future will exceed current futures price, assuming rational decision-making. Speculators are primary participants in the futures market. A hedge fund is a managed portfolio of investments that uses advanced investment strategies to maximize returns, either in an absolute sense or relative to a specified market benchmark. They don’t come into contact with the physical commodity. The main reason many manufacturers or companies hedge is to profit, and to offset any higher costs of production going forward. Simultaneously, the commercial net position has shifted from being net short nearly 70,000 contracts to 11,000 contracts during the same time frame – a difference of nearly 60,000 contracts. The speed and ease of trade execution, combined with the application of modern risk management, gives the individual trader access to markets and strategies that were once reserved for institutions. Registered in England and Wales. Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio. Speculators can be individual traders, proprietary trading firm…

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