Welcome to Futures Trading Guide
 |
|
 |
|
 |
Online Mini Futures Trading Article
This is a selection made from among articles on Online Mini Futures Trading. For a permanent link to this article, or to bookmark it for future reading, click here.
All About The Commodity Futures Trading Commission (CFTC)
from:
The Commmodity Futures Trading Commission is a US government sponsored independent body that is tasked to monitor and record futures contracts trading activities that occur on futures exchanges in the United States. It was formed by the US Congress in 1974, and has the power to suspend, fine and impose legal sanctions on an individual or a firm in the event of fraud, misconduct or other cases of rule violations.
The agency is also responsible for publishing weekly updates on the holdings of the over twenty market segments in existence today.
These reports, called the 'commitments of traders report' or the COTR are handed out at the end of each week, usually every Friday. They contain information on open interest splits by non-reportable and reportable open interest and non-commercial and commercial open interest.
To make things short, the aim of the Commodity Futures Trading Commission is to protect the public and market participants from abusive and manipulative practices related to the sale of financial futures, options and commodities, and to make sure that all transactions are conducted in a transparent, financially viable and competitive manner.
During its inception, the CFTC was merely tasked to regulated options and commodity futures markets in the US. However, with the introduction of the Commodity Futures Modernization Act of 2000, or CFMA, the CFTC's duties have been expanded.
Via effective oversight, the agency makes sure that the futures market is able to provide market participants a means toward offsetting pricing risks and price discovery.
The CFTC has five commissioners, each of whom is appointed the president and serve in five-year intervals. One of the five commissioners is named chairman, with the approval of the senate, with rules stipulating that not more than three commissioners should be sourced from the same political party, to provide fairness.
The agency is headquartered in Washington, but it also holds offices in key cities that have futures exchanges, like Chicago, New York, Minneapolis and Kansas.
The CFTC has six key operating units: The Division of Clearing and Intermediary Oversight, the Division of Market Oversight, the Division of Enforcement, the Office of Chief Economist, the Office of the General Counsel and the Office of the Executive Director.
Each unit has a specific function, all of which sharing the goal of making sure that all transactions conducted under it satisfy regulations and are in the best interests of market participants.
There is a wealth of information about how to properly trade futures in the CFTC website, which can be found at www.cftc.gov. Check the site for further details.
Online Mini Futures Trading Specific links
Online Mini Futures Trading News
www.ONN.tv Asks Jeff Quinto for E-mini Trading Advice - MarketWatch
www.ONN.tv Asks Jeff Quinto for E-mini Trading Advice MarketWatch - ONN.tv's Kevin Cook got together with veteran trader Jeff Quinto to talk about how new traders should approach trading the CME S&P E-mini contract. ... |
ICE Reports Futures Volume for November 2008; November ADV up 9 ... - IT News Online
ICE Reports Futures Volume for November 2008; November ADV up 9 ... IT News Online, India - ICE Futures US product records achieved for the month: -- The mini Russell 2000(R) Index futures set an open interest record of 512168 in November. ... CME Group Volume Averaged 10.5 Million Contracts Per Day in ... |
CME Lists Hardwood Pulp Futures, Options - Markets Media (press release)
CME Lists Hardwood Pulp Futures, Options Markets Media (press release), NY - The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and E-mini, are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of ... |
CME Group Hires Mark Thompson as Director, Hedge Funds - MarketWatch
CME Group Hires Mark Thompson as Director, Hedge Funds MarketWatch - The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and E-mini, are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of ... |
ASIA MARKETS: December Brings Hope, Confusion; Honda, BHP Fall - CNNMoney.com
ASIA MARKETS: December Brings Hope, Confusion; Honda, BHP Fall CNNMoney.com - Light sweet crude-oil futures for January were down as much as $2.08 to $52.35 a barrel in electronic trading. On Friday, the then front-month December ... |