Very true, and the tariff applies not only to sugar based ethanol, but to sugar in general, hence the existence of the dual contracts (#11 world,...
Yes the electronic options will be American style....the NYMEX offers European style as well as Asian but they trade only on Clearport (OTC). The...
Yeah they won't be able to take us for a ride on the way in and the way out anymore like has been the practice up to now. I'm sure the bid/offer...
You don't have to worry about physical delivery in energies unless you fail to cover your position by the last trading day. As long as you get...
These assumptions are very unlikely to hold true. You're talking about a commodity with extreme volatility, so price returning to normal every 12...
Yeah it does that...the whole complex turned on a dime at 1:53....and it does that too, in different directions at different times. Sometimes the...
Yes, you understand correctly about how contango affects storage...you can buy in the cash market, put the product in storage and sell futures a...
I did...and while it is more complete of an explanation than mine, I don't believe I'm wrong...unless I am missing something. What is your...
Futures itself is a zero sum game. For every dollar made there has to be a dollar lost. What happens in the cash market is not important to the...
The cost of carry is roughly 50 cents, so a 2 dollar spread means that the back is trading at a significant premium, partially due to the glut of...
Check the screen name of the guy you are insulting....I don't think he needs to post any blotter.
The price is $138.00/$143.95 which is a per pound price, so the contract size is $138/lb. * 250 lbs. = $34,500 http://www.nymex.com/UX_spec.aspx
Initial margin for non-members for CL is indeed $4,050 (I assume this is what you mean by performance bond, although I have never heard it called...
You don't have to buy, you can lease: http://www.nymex.com/ss_nymex_lease.aspx
Not sure why the volume isn't accurate on their site (haven't checked it), but if it's wrong it's not the only place that lists bunk data. As far...
Well I stand corrected, the UX future will trade on the Globex platform and will also be available on Clearport. I spoke with NYMEX Marketing...
I am a newbie and would like to discuss selling puts for a living....I hear the Chinese coffee market is going to take off and would like to...
Perhaps the numbers you are seeing aren't updated, honestly I don't know, but the figures are roughly 80% of the volume is done on CME Globex and...
I too received an economics degree, but it was a BA and not a BS. The BS degree in Econ was just being established when I was finishing up, and...
Fitting time to start such a thread only to have the market take off inexplicably the next day. Many of the posters have made very good points,...
Separate names with a comma.