Phew :-) This is an interesting discussion guys. I'd like to know what people think, and what way they'd go about doing it and any other...
I realise that.... But he's going long 150 Dec too many, to enable him to get long the 150 Jan, by shorting the Dec Jan Spread.
i.e. the liklihood of him being able to sell the excess Dec and therefore scratch is not high. (refering to example 3). Though I do see your...
Hi Bone, If your reply was in reference to mine - I had better clarify what I meant.... I was never saying use automated spreaders, by spreads...
I would suggest just doing the outrights. The only time I'd do spreads is if the outright months you are trading don't have good liquidity and...
@ HappyJoe - Thanks for the positive words. @ Bone - That's what I was thinking. I can't seem to find any more exams I can do other than the...
Thanks for the advice HappyJoe. I agree. Just to clear things up, I do have my own 'book' if you will, as I work for a broker dealer. I just...
http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html On the 'Quotes' tab you should see a link that says "View Spread...
Not sure I understand your question?
Thanks guys. Well commodity trading or sales (and potentially a management role in those areas in later career) is probably the direction I'd...
Thanks Bluestreek. I'm actually based in London. So you'd advise an MBA over the CFA, based on my circumstances?
Hi guys, Iâve read a few of the qualifications threads, but I would like peopleâs advice for my particular set of circumstances. So if you...
I've no idea. Try calling the exchange, they might be able to explain exactly how the price is determined and exactly what is(what isn't) taken...
they used to have a committee on the floor that decided the settlement, but now it's done on volume weighted average. it's weighted over the...
I've given the links to both contract specifications. Comparing them for yourself should tell you all you need to know. If you have further...
ICE Europe also have their own version of WTI https://www.theice.com/productguide/ProductDetails.shtml?specId=213 But 'CL' is the US...
http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_contract_specifications.html
There's that too !! :)
Hi. Well I am assuming you're just a small scale regular trader, so excuse me if I'm misjudging you, but my answers are based on that assumption....
I would say this is not possible. Are you asking to take delivery of WTI? If so, you are talking about storing at Cushing. I personally don't...
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