Traders and portfolio managers are seeing the pressure on performance rising and the regulations becoming more complex. Some are employed by smaller financial planning businesses, few are self-employed, while others are employed on a full-time basis or contract their services to larger firms and organizations such as investment companies, stock brokerage firms, stock and commodity exchanges and other establishments in the securities industry.
Securities and Exchange Board of India (Sebi) has allowed Multi-Commodity Exchange (MCX) to introduce options in gold and the exchange is planning to launch it before Diwali—most likely between October 5 and 13. On its part, NCDEX has asked for Sebi’s permission to start options trading in one of the two commodities — guar seed and soyabean—, its managing director Samir Shah told Fe. It hopes to get approval soon so that it can plan the launch around Diwali, according to Shah.
This programme imparts comprehensive knowledge on the fundamentals of the currency markets particularly the exchange traded currency derivative market and its role as a risk management will also help the students to gain a complete understanding of the commodity market specifically the role of demand-supply mechanism,seasonality government policies in the commodity market as well as the role of Macroeconomic Indicators(MEIs).
Companies need to start planning now because as highlighted by Holman Fenwick Willan , a Law firm that specializes in Commodities, some of the most significant changes in MiFID II are those which will require many more commodity market participants to become authorized, especially as a result of the curtailment of existing exemptions widely used by them”.
Despite the market controversy, it is clear that the fundamentals of position limits for commodity traders – by which we mean, the maximum net position that a person can hold at all times in commodity derivatives traded on trading venues or economically (equivalent over-the-counter contracts (EEOTC)) – will be implemented in some form.
On Thursday night the Senate passed a budget proposal, and the ES traded all the way up to another ‘new all-time’ contract high at 2571.75. Mitch McConnell (R., Ky.), Senate Majority Leader, said ‘Passing this budget is critical to getting tax reform done, so we can strengthen our economy after years of stagnation under the previous administration.’ The dollar rallied and European shares advanced.
At this conjuncture there were only two choices: l) to give away his secret discoveries and risk destroying the markets, or 2) to detract from his method of picking tops and bottoms by writing books and courses about mechanical trading systems, the use of geometrical angles, the use of Time and Price Charts, such as the Octagon Chart (Square of 9), Master 12 Chart (Square of 144), Hexagon Chart (the cube), Square of 90, Square of 52, 360 Degree Circle Chart, and many other trading techniques.
Having said that, in later years I met traders that came from a variety of backgrounds, ranging from school leavers to Chemical Engineers, and I was challenged to the revelation that becoming a successful trader was not necessarily the domain of those who have studied a certain degree (and in my case, studied further, worked hard, kept a trading position and had a succession of good luck), but that success in trading was linked more to the analytical and deal making capabilities of the individual.
If the contract is silent, majority of grain and oil commodities contracts incorporate standard contract forms developed by Grain and Feed Trade Association (GAFTA”) and Federation of Oils, Seeds and Fats Associations (FOSFA”), which expressly state that all import duties, taxes, levies, etc., present or future, in country of destination, shall be for buyers’ account.
To create consistent day trading income—where you have a solid trading plan and are able to implement it— will likely take a year or more if you dedicate yourself to it full-time If you only practice part-time, it may take a number of years to develop real consistency and attain the type of returns discussed below.
To carry on India the business of concept marketing, direct marketing, multilevel marketing, network marketing multi link gift schemes and to provide high quality of services and products to clients and consumers either directly or through the network of members, consultants, bonafide commission agents, franchises, associates and distributors of multi level marketing through network publicity, market research analyses, surveys, organizing events, contest, seminar and other advertising and related outdoor activities.
However, Harish Galipelli, head, commodities, JRG Securities, says, “The fact is that prices of derivatives are directly linked to prices in spot markets,” Apart from this, unlike stocks, which can move by even 20 per cent in a single session, metal and energy contracts can rise or fall up to 6 per cent in a day.
Also due to his immense explanatory and easy to understand style he has perfomed lectures on share markets in NIT JALANDHAR in March 2012,IIT GUWAHATI in OCTOBER 2012,VIGNAN UNIVERSITY , VIJAYWARA in Dec.2012,SASTRA UNIVERSITY ,THANJAVUR,TAMIL NADU also being called for short term professionally designed training programmes on technical analysis in RELIANCE MONEY and for SHAREKHAN as well in Delhi.
What could mess up this trade: interest rates falling could give traders a reason to think we’re suddenly going to start using a lot more oil since the economy will pick up the pace; a big hurricane hitting the Gulf or slowing imports from Mexico; Mid-East troubles and finally, hedge funds continuing to bid up the contract.
Keeping with the US, there’s also the other consumer confidence indicators from there; the ABC index, and the University of Michigan consumer sentiment index, the trade balance (which is expected to stay around negative 42B), the consumer price index (which is likely to show inflation around 1%), the monthly budget statement, and of course retail sales on Friday.
For example, what’s not included in most brokers’ advertised per-contract” commission are two standard fees: An exchange fee (which varies depending on the futures exchange used to make the trade) and a $0.01 per-side assessment fee paid to the National Futures Association (NFA), the industry’s self-funded regulatory body.