http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_mukherjee&sid=apm.ICwxSAuQ
Is it me, or is this ban just nuts?
Is it me, or is this ban just nuts?
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India Goes Crazy, Bans Wheat & Rice Derivatives
- Thread starter archon
- Start date
Quote from TudorJones:
yeah.. just you.
The true price discovery is made when there is no futures markets... but, I am sure my fellow traders would try to convince me otherwise.
Even better, the true price discovery is made when there is no currency.
I want to exchange my trading software for wheat. But the farmer who sells wheat has no use for a trading software. I think I'm going to starve...
Quote from james_bond_3rd:
Even better, the true price discovery is made when there is no currency.
I want to exchange my trading software for wheat. But the farmer who sells wheat has no use for a trading software. I think I'm going to starve...
Interesting !
But in that case, currency=wheat ?
Quote from james_bond_3rd:
Even better, the true price discovery is made when there is no currency.
I want to exchange my trading software for wheat. But the farmer who sells wheat has no use for a trading software. I think I'm going to starve...
Apu, quit wasting your time writing silly code and go grow some wheat .
Quote from Options Insider:
Ahhh......it's fun to watch socialism in its death-throes.
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Go Inside the Options Markets
www.TheOptionsInsider.com
futures markets doesn't equal capitalism....
Quote from RedDuke:
As far as price discovery without futures. Tell it to a farmer, who faces huge risks, and see what he will respond.
Uhm, direct producers can still make forward agreements with direct buyers. Anything beyond that, is a bunch of BS and paper pushing.
Look at any futures market today and it's mostly pure speculation with little reality. Most of those agreements can never be met.
Re-educate yourself about the tulip bubble and why Holland banned derivatives for centuries.
Quote from TudorJones:
futures markets doesn't equal capitalism....
He didn't say anything about capitalism, just socialism. You should stop reading into things.
On the other hand, ...I think a free and open marketplace where prices are dictated purely by market forces is the embodiment of capitalism.
Let the market be your guide.....