Global commodity broker

[i960]

An other thing : Any of you ever traded some NASDAQ commodities ( energy for the most part )?

Didn't they just announce they're closing NLX? I'm sure energies won't be far behind given the already existing venues.

Tradator, one thing I think you should do is seriously consider what exchanges you need, what exchanges you want, and what exchanges are a nice to have. Make a literal table sorted by that and then focus on FCMs and platforms which primarily cover the need/want.

At the end of the day do you really need the LME headache or ability to trade on BMF? Some of these exchanges sound cool but when you actually look at the product offerings or liquidity they're not always that great.

 

[TraDaToR]

Yep. That's true for BMF. In the end, 99 % of what I do is on CME and ICE. But I am always trying to test every product/ exchange to find edges...

 

[CBC]

U don't like Eurex? Stoxx and Bund are my favorite contracts.

 

[TraDaToR]

I don't trade indexes and STIRs to date, just commodities.

 

[Gambit]

Try Philip capital for Asia. I'm guessing you'll have to split this up between FCMs unless you go with one of the big boys: GS, UBS, ML etc..

 

[MattZ]

....LME is listed by a lot of FCMs but then when you ask them about it, it becomes tricky...

In order to avoid that I suggest to be very specific as for the contract you wish to trade on the LME. That should expedite the process.

 

[TraDaToR]

Didn't they just announce they're closing NLX? I'm sure energies won't be far behind given the already existing venues.

Just checked NFX and there is some volume there. I remember an article about potential artificial volume but it seems now they have a little niche with their lower fees.

http://business.nasdaq.com/nasdaq-futures/nfx-market/Daily-Volume

Nobody ever traded there?

 

[i960]

Just checked NFX and there is some volume there. I remember an article about potential artificial volume but it seems now they have a little niche with their lower fees.

http://business.nasdaq.com/nasdaq-futures/nfx-market/Daily-Volume

Nobody ever traded there?

Never traded there myself and I cannot see them reasonably stealing any volume away from ICE or CME over the long term.

 

[TraDaToR]

Nasdaq brent crude 64000 contracts traded( Central order book not blocks)...If it is real volume it is not like ICE grains for sure...