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It is an independent, introducing broker providing online, full-service, and managed futures trading services. Located in Los Angeles, California, Cannon Trading Company, Inc. offers 6 trading platforms, broker-assisted services with experienced licensed series 3 brokers, hedge accounts, trading systems as well as managed accounts. It offers a ...
Communications on electronic trading platforms are based on a list of well-defined protocols. Although FIX protocol has grown significant market share, the exchange specific protocols (also called "Native" interfaces) have found a strong backing with people using low latency trading.
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. [1] Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future.
The choice of matching algorithm is an important part of the trading mechanism. The most common matching algorithms are the Pro-Rata and Price/Time algorithms. Comparison of Price/Time and Pro-Rata Following are few basic remarks about the two basic algorithms and their comparison. [4]
In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option.
Trading includes various types of derivatives contracts based on these commodities, such as forwards, futures and options, as well as spot trades (for immediate delivery). A futures contract provides that an agreed quantity and quality of the commodity will be delivered at some agreed future date.
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