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A commodity pool is essentially the commodity equivalent to a mutual fund. [8] Registered Commodity Representative (RCR)/Associated Person (AP): an employee, partner or officer of a FCM, IB, CTA, or CPO, duly registered and licensed to conduct the activities of a FCM, IB, CTA, or CPO. This is the commodity equivalent to a registered ...
Traders in the corn pit at the Chicago Board of Trade. Commodity traders are people or companies who speculate and trade in commodities as diverse as metals and spices.
A commodity trading advisor (CTA) is US financial regulatory term for an individual or organization who is retained by a fund or individual client to provide advice and services related to trading in futures contracts, commodity options and/or swaps. [1] [2] They are responsible for the trading within managed futures accounts.
The chief among them is raising the minimum broker bond from $10,000 to $75,000. The new provision goes in force on October 1, 2013, and has applied to all existing brokers retroactively. [8] The BMC-84 Freight Broker Bond is paid for on an annual basis. The freight broker bond cost is figured as a percentage of the bond amount depending on
A commodities exchange is an exchange, or market, where various commodities are traded. Most commodity markets around the world trade in agricultural products and other raw materials (like wheat , barley , sugar , maize , cotton , cocoa , coffee , milk products, pork bellies , oil , and metals ).
American Honda Motor Co., Inc., Honda's first overseas subsidiary, [1] opened in Los Angeles on June 11, 1959 [4] with capital investment of $250,000 ($2,613,014 in 2023 dollars [5]) and three employees. [6] The creation of a subsidiary was unusual for the time, as other foreign auto companies typically relied on independent distributors. [3]
On July 12, 2007, CME Group completed a merger with the CME's historical rival, the holding company for the Chicago Board of Trade, founded in 1848, in an $8 billion deal that created the world's largest financial market. [9] [10] [11] The company then launched as CME Group Inc., a CME/Chicago Board of Trade Company. [12] [13]
Carley Garner (born 1977) is an American commodity market strategist and futures and options broker [1] and the author of Trading Commodity Options with Creativity, Higher Probability Commodity Trading, and A Trader's First Book on Commodities, published by DT publishing an imprint of Wyatt-MacKenzie. [2]
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