Which brokers are allowing trades on CL or BZ?
- Thread starter jonesrj
- Start date
I trade both with IB.
CannonTrading_Ilan
Sponsor
We allow trading on both contracts on variety of platforms. Different margin requirements based on the platform and the contract month but available.
oil was selling at $10/barrel for that contract.
you have a 100% or 200% gaurantee profit.
They don't want to sell it or 'they' want the oil themselves.
i'll buy oil at $10/barrel if you have any for delivery.
the exchange is bucket shop there is no oil at $5/barrel for sale.
or oil for .01/barrel.
the later months oil was like $35/barrel and with the USD so high..oil producers are getting $50/barrel.for foreign oil producers with no USD hedge or same price only 20% less than pre-covid 19 prices.
the excahnge just allowed negative pricing and the daily price limits were removed or abandoned. no lock limit in intra day trading. futures trading is very illiquid. and not as liquid as people thing. the commodity may be liquid but the trading is not liquid.
you have a 100% or 200% gaurantee profit.
They don't want to sell it or 'they' want the oil themselves.
i'll buy oil at $10/barrel if you have any for delivery.
the exchange is bucket shop there is no oil at $5/barrel for sale.
or oil for .01/barrel.
the later months oil was like $35/barrel and with the USD so high..oil producers are getting $50/barrel.for foreign oil producers with no USD hedge or same price only 20% less than pre-covid 19 prices.
the excahnge just allowed negative pricing and the daily price limits were removed or abandoned. no lock limit in intra day trading. futures trading is very illiquid. and not as liquid as people thing. the commodity may be liquid but the trading is not liquid.
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they are scared. and should be with negative pricing exchange 'policy' and rule. it's not worth even any legal lawsuit for the FCM to deal with the exchange boys.
just don't deal with them. avoid a dealer if they are bad. there isn't a lot of competition for futures traders now. only one exhange in the country. so it's anti-capitalism with no 'competition'
the exchanges used to be owned by members..that is what happened..
now the traders. brokers are the 'customers' of the exchange, the exhange is now a 'business'
in japan, the exchange is 'non-profit' organization and same with the NYSE before. so there was no pressure to make profits.
just don't deal with them. avoid a dealer if they are bad. there isn't a lot of competition for futures traders now. only one exhange in the country. so it's anti-capitalism with no 'competition'
the exchanges used to be owned by members..that is what happened..
now the traders. brokers are the 'customers' of the exchange, the exhange is now a 'business'
in japan, the exchange is 'non-profit' organization and same with the NYSE before. so there was no pressure to make profits.
Exchanges used to trade in eighths also.
Exchanges used to have trading floor with pieces of paper all over the place....
Look into Infinity Futures, whose FCM is Transact. Great companies and no problem trading CL, or you could go with QM too. Day trade margin is reasonable as well.
its big difference if an exchange is owned by traders and brokers..
why you think it was a non-profit exchange or member owned exchange.
someone or somebody wanted to cash out in the 2000 to sell the exchange as 'business 'and ipo the exchange.to investors.
and for a member owned non-profit exchange, the ceo doesn't make 1 million/year. in options or salary either. and non-profit business are not listed as 'public companies'
why you think it was a non-profit exchange or member owned exchange.
someone or somebody wanted to cash out in the 2000 to sell the exchange as 'business 'and ipo the exchange.to investors.
and for a member owned non-profit exchange, the ceo doesn't make 1 million/year. in options or salary either. and non-profit business are not listed as 'public companies'
