A broker/exchange doesn't take the other side when trading futures ...
carpe diem
- Thread starter DELTAONE77
- Start date
A broker/exchange doesn't take the other side when trading futures ...
see them fly 
so who is the counter party of your futures contract?CME is NOT taking the other side of your trades! OMG
"This means that when a futures contract is bought or sold, the exchange becomes the buyer to every seller and the seller to every buyer. This greatly reduces the credit risk associated with the default of a single buyer or seller."
https://www.cmegroup.com/education/...futures/definition-of-a-futures-contract.html
basically means you guys trade futures and don't even know what futures contracts and futures exchanges like CME actually are and do, or what you yourself are doing. is that the definition of "elite"?
goal reached, closed them all:
see my link to cme website above.
enough now. i'll smoke a joint now instead of spoon feeding others.
now that´s a plan that sounds good to me - wish i could do the same...
No numbskull. This means the exchange is counterparty post execution, for clearing. CME isn't posting bids & asks or trading with you. You go smoke that joint.
It looks like you need to read it again since you only saw what you wanted to see, you clearly don't know what you are talking about.
clearing is the word. but still i´d like to be in his situation, smoking that joint. instead off, i´ll have another gin/tonic - and a cig. brilliant day...
how dare you accuse someone who trades 10's of millions of CFDs with MACD's and bollinger band indicator to be fake!
how dare you dwiight!!!!