The Invaluable role Futures Brokers play in the Commodities Market

Posted on May 5, 2023May 5, 2023 by efuturesadmin

Find out more about futures brokers at Cannon Trading Company here

Futures brokers are professionals who facilitate the trading of futures contracts between buyers and sellers. Futures contracts are agreements to buy or sell a particular asset at a predetermined price and date in the future. The futures market is an essential part of the financial industry, and futures brokers play a crucial role in facilitating trades and ensuring market liquidity. In this article, we will discuss the important role that futures brokers serve in the futures market.

1. Providing access to the futures market

One of the primary roles of futures brokers is to provide clients with access to the futures market. Futures brokers work with clients to open trading accounts and provide them with access to the various futures exchanges. Without futures brokers, many traders would not have access to the futures market, as the exchanges typically require traders to go through a broker to participate.

2. Facilitating trades

Futures brokers play a critical role in facilitating trades between buyers and sellers. Brokers also help clients determine the appropriate contract size and margin requirements for the trade.

3. Providing market information and analysis

Futures brokers provide clients with access to market information and analysis, which can help them make informed trading decisions. Brokers may provide clients with research reports, market news, and analysis of market trends and price movements. This information can be invaluable to traders, as it can help them identify opportunities and manage risk.

3. Offering trading platforms and tools

Futures brokers offer clients access to trading platforms and tools that can help them execute trades more efficiently and effectively. Trading platforms provide clients with real-time market data and allow them to place orders and monitor their positions. Brokers may also offer trading tools such as charting software, technical analysis tools, and risk management tools that can help traders make better trading decisions.

4. Providing risk management services

Futures brokers provide clients with risk management services that can help them manage their exposure to market risk. Brokers may offer clients access to hedging strategies that can help them reduce their risk exposure and protect their portfolios. Brokers may also provide clients with access to margin financing, which can help clients leverage their trading capital and increase their potential returns.

5. Maintaining compliance with regulatory requirements

Futures brokers play a critical role in maintaining compliance with regulatory requirements. Brokers are required to comply with a wide range of regulations and guidelines, including those related to client funds, record-keeping, and disclosure requirements. Futures brokers must maintain strict compliance with these requirements to ensure that clients’ funds are safe and that the integrity of the futures market is maintained.

6. Providing customer service and support

Futures brokers provide clients with customer service and support throughout the trading process. Brokers are available to answer questions, provide guidance, and help clients resolve any issues or concerns they may have. This support can be invaluable to clients, particularly those who are new to the futures market.

In conclusion, futures brokers play a critical role in the futures market by providing access to the market, facilitating trades, providing market information and analysis, offering trading platforms and tools, providing risk management services, maintaining compliance with regulatory requirements, and providing customer service and support. If you are interested in trading futures contracts, consider working with a futures broker to help you navigate the complex and dynamic futures market. A good futures broker can provide you with the tools and resources you need to make informed trading decisions.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-futures.com today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Commodity Brokers and the benefits of trading through an Introducing Broker (IB)

Posted on May 5, 2023May 5, 2023 by efuturesadmin

You can find more information about commodity brokers here

Commodity brokers are professionals who help traders buy and sell commodity futures contracts. Commodity futures are contracts that allow traders to buy or sell a commodity at a future date for a predetermined price. The most commonly traded commodities include gold, oil, wheat, and corn. Commodity brokers play an essential role in the commodity futures market, and traders often rely on them for their expertise and knowledge. In this article, we will discuss the benefits of using an introducing broker to trade with a commodity broker.

What is an introducing broker?

An introducing broker (IB) is a type of commodity broker who works with clients to help them open and maintain their trading accounts with a commodity broker. IBs do not execute trades themselves but rather introduce clients to commodity brokers who will execute trades on their behalf. IBs often have a personal relationship with the clients they work with and provide them with a higher level of service than they would receive from a traditional commodity broker.

Benefits of using an introducing broker to trade with a commodity broker –
1. Personalized service
Introducing brokers provide clients with a higher level of personalized service than traditional commodity brokers. IBs often have a personal relationship with their clients and can provide them with tailored advice and guidance on their trading strategies. IBs can also help clients navigate the complex world of commodity futures trading, which can be daunting for inexperienced traders.

2. Access to a wider range of commodity brokers
Introducing brokers work with multiple commodity brokers, which means that they can provide clients with access to a wider range of commodity brokers than they would have if they were working with a single commodity broker. This gives clients more options and allows them to choose a commodity broker that best meets their needs and preferences.

3. Lower trading costs
Introducing brokers often have lower trading costs than traditional commodity brokers. This is because they can negotiate better commission rates with commodity brokers on behalf of their clients. IBs can also provide clients with access to discounted commission rates and other special offers that may not be available to individual traders.

4. Better execution
Introducing brokers can help clients achieve better execution on their trades. This is because IBs often have a personal relationship with the commodity brokers they work with and can leverage this relationship to get better execution on their clients’ trades. IBs can also provide clients with access to trading tools and software that can help them make better trading decisions and execute trades more effectively

5. Risk management
Introducing brokers can help clients manage their risk by providing them with advice on risk management strategies. IBs can also help clients develop trading plans and strategies that are tailored to their individual risk tolerance and financial goals. This can help clients minimize their losses and maximize their profits.

6. Transparency
Introducing brokers provide clients with a higher level of transparency than traditional commodity brokers. IBs are required to disclose their fees and commissions to clients and must provide clients with regular reports on their trading activity. This helps clients better understand the costs associated with their trading and the performance of their portfolio.

7. Convenience
Introducing brokers provide clients with a high level of convenience. IBs can help clients open and maintain their trading accounts, provide them with access to trading platforms and software, and assist them with any issues or concerns they may have. This can save clients a significant amount of time and effort and make their trading experience more efficient and enjoyable.

In conclusion, commodity brokers play an essential role in the commodity futures market, and traders often rely on them for their expertise and knowledge. Using an introducing broker to trade with a commodity broker can provide clients with a higher level of service, access to a wider range of commodity brokers, lower trading costs, better execution, risk management advice, transparency, and convenience. If you are interested in trading commodity futures, consider working with an introducing broker to navigate the complex and volatile world of futures trading.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-futures.com today.

Top Futures Brokers in the USA

Posted on May 4, 2023October 21, 2024 by efuturesadmin

Learn more about futures brokers here.

Futures brokers play a critical role in facilitating trades in the futures market, which is an essential part of the global financial landscape. A good futures broker should offer competitive fees, a user-friendly trading platform, access to a wide range of futures contracts, and reliable customer support. In this article, we will review some of the most trusted futures brokers in the USA, based on their reputation, reviews, and overall user experience.

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1. Cannon Trading Co.

Cannon Trading Co. is a leading futures brokerage firm that has been serving clients for over 30 years. The company is known for its commitment to providing personalized customer service and offering competitive fees. Cannon Trading offers a broad range of futures contracts, including energy, agricultural, and financial futures, and provides access to several trading platforms, including CQG , and TradingView.

Cannon Trading has received excellent reviews from its clients, with many citing the firm’s customer service as a key strength. The company has also been recognized for its educational resources, including webinars and daily market commentary.

2. TD Ameritrade

TD Ameritrade is a popular brokerage firm that offers futures trading as part of its comprehensive suite of investment products. The firm offers a powerful trading platform, Thinkorswim, which is known for its robust charting and analysis tools. TD Ameritrade provides access to a broad range of futures contracts, including commodities, currencies, and stock index futures.

Cannon Trading has received strong reviews from its clients, with many praising the firm’s trading platform and educational resources.

If you’re looking to trade futures in the United States, it’s important to find a reputable and trustworthy broker to help you navigate the complex world of futures trading. Cannon Trading is a futures broker that has been serving clients for over 30 years, and has a reputation for providing excellent customer service and competitive pricing. In this article, we will discuss some of the most trusted Cannon Trading futures brokers in the USA, along with their best reviews.

Cannon Trading: Cannon Trading is a futures broker that has been in business since 1988, and has a strong reputation for providing excellent customer service and competitive pricing. They offer a variety of trading platforms, including the popular CannonPro and Sierra Chart platforms, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised Cannon Trading for their knowledgeable and responsive customer service, as well as their user-friendly trading platforms.
Optimus Futures: Optimus Futures is a futures broker that has been in business since 2004, and has a reputation for providing competitive pricing and excellent customer service. They offer a variety of trading platforms, including the popular NinjaTrader and Sierra Chart platforms, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised Optimus Futures for their low commissions and fast execution times, as well as their knowledgeable and helpful customer service team.
RJO Futures: RJO Futures is a futures broker that has been in business since 1914, and has a reputation for providing excellent customer service and competitive pricing. They offer a variety of trading platforms, including the popular CQG and Trading Technologies platforms, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised RJO Futures for their knowledgeable and responsive customer service team, as well as their user-friendly trading platforms.
Stage 5 Trading: Stage 5 Trading is a futures broker that has been in business since 2009, and has a reputation for providing excellent customer service and competitive pricing. They offer a variety of trading platforms, including the popular Trading Technologies platform, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised Stage 5 Trading for their low commissions and fast execution times, as well as their knowledgeable and helpful customer service team.
Infinity Futures: Infinity Futures is a futures broker that has been in business since 1996, and has a reputation for providing excellent customer service and competitive pricing. They offer a variety of trading platforms, including the popular Sierra Chart and Trading Technologies platforms, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised Infinity Futures for their low commissions and fast execution times, as well as their knowledgeable and responsive customer service team.
Ironbeam: Ironbeam is a futures broker that has been in business since 2009, and has a reputation for providing excellent customer service and competitive pricing. They offer a variety of trading platforms, including the popular Sierra Chart and Trading Technologies platforms, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised Ironbeam for their low commissions and fast execution times, as well as their knowledgeable and helpful customer service team.
TradeStation Futures: TradeStation Futures is a futures broker that is a subsidiary of TradeStation Securities, a well-established online broker. They offer a variety of trading platforms, including the popular TradeStation platform, as well as access to a range of markets including futures, options, forex, and equities. Clients have praised TradeStation Futures for their user-friendly trading platform and powerful trading tools, as well as their knowledgeable and responsive customer service team

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

Top Commodity Brokers at E-Futures.com, a division of Cannon Trading Company

Posted on May 4, 2023May 4, 2023 by efuturesadmin

Learn more about commodity brokers here.

E-Futures.com, a division of Cannon Trading Company, is a well-established commodity brokerage firm that has been in business since 1988. The company provides a wide range of trading products, including commodities, currencies, and stock index futures, and is known for its commitment to personalized customer service and competitive fees.

In this article, we will review the commodity brokers at E-Futures.com, their services, and why they have been trusted by their clients for over three decades.

1. Meir Levy

Meir Levy is the founder and president of Cannon Trading Company and E-Futures.com. He has been involved in the futures industry for over 38 years and is a licensed commodity broker and a member of the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).

Meir has built a team of experienced commodity brokers at E-Futures.com who share his dedication to providing exceptional service to clients. The brokers at E-Futures.com work with clients to develop customized trading strategies based on their individual goals and risk tolerance.

2. Ilan Levy-Mayer

Ilan Levy-Mayer is a senior VP, commodity broker at E-Futures.com and has been with the firm for over 25 years. He is a licensed commodity broker and a member of the NFA and CFTC. Ilan has extensive experience in the futures industry and specializes in trading commodities and stock index futures.

Ilan is known for his attention to detail and his ability to work with clients to develop effective trading strategies. He takes the time to understand each client’s unique needs and provides personalized advice and guidance to help them achieve their trading goals.

3. John Thorpe

John Thorpe is a commodity broker at E-Futures.com and has been with the firm for over 30 years. He is a licensed commodity broker and a member of the NFA and CFTC. John has a wealth of experience in the futures industry and specializes in trading commodities, currencies, and stock index futures.

John is known for his deep understanding of the futures markets and his ability to provide clients with timely and accurate market analysis. He works closely with clients to develop customized trading plans that are tailored to their individual needs and goals.

4. Mark O’Brien

Mark O’Brien is a commodity broker at E-Futures.com and has been with the firm for over 30 years. He is a licensed commodity broker and a member of the NFA and CFTC. Mark has extensive experience in the futures industry and specializes in trading commodities, currencies, and stock index futures.

Mark is known for his ability to develop innovative trading strategies that help clients achieve their goals while managing risk effectively. He works closely with clients to understand their unique needs and provides personalized advice and guidance to help them navigate the futures markets with confidence.

5. Joe Easton

Joe Easton is a commodity broker at E-Futures.com and has been with the firm for over 12 years. He is a licensed commodity broker and a member of the NFA and CFTC. Joe has a wealth of experience in the futures industry and specializes in trading commodities, currencies, and stock index futures.

Joe is known for his ability to help clients develop trading strategies that are based on sound market analysis and risk management principles. He takes the time to understand each client’s unique needs and provides personalized advice and guidance to help them achieve their trading goals.

In conclusion, the commodity brokers at E-Futures.com, a division of Cannon Trading Company, are known for their expertise, dedication to personalized customer service, and competitive fees. With a deep understanding of the futures markets and a commitment to helping clients achieve their goals, the brokers at E-Futures.com are well-positioned to help traders navigate the complex world of commodity trading with confidence. Their longevity in the industry is a testament to their commitment to providing excellent service.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

Trading Futures on FOMC Day

Posted on May 2, 2023 by efuturesadmin

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The following are my PERSONAL suggestions on trading during FOMC days:

· Reduce trading size

· Be extra picky = no trade is better than a bad trade

· Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 3925.00 with a stop at 3919.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 3919.75 and place a stop a few points below in this hypothetical example (consider current volatility along with support and resistance levels).

· Expect the higher volatility during and right after the announcement

· Expect to see some “vacuum” (low volume, big zigzags) right before the number.

· Consider using automated stops and limits attached to your entry order as the market can move very fast at times.

· Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.

· Know what the market was expecting, learn what came out and observe market reaction for clues

· Be patient and be disciplined

· If in doubt, stay out!!

A Cannon broker will be able to assist, provide feedback and answer any questions.

Plan your trade and trade your plan.

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

5-03-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Economic Reports, Source:

Forexfactory.com

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Author: efuturesadmin