25June2017

Winter Forex

Energies


Crude oil is the raw material that is refined into gasoline, heating oil, jet fuel, propane, petrochemicals, and other products. In today's complex global markets, the price of crude oil is set by movements on the three major international petroleum

exchanges the New York Mercantile Exchange, the International Petroleum Exchange in London and the Singapore International Monetary Exchange.

Prices of crude oil have always been politically motivated and are greatly influenced by supply and demand. They behave much as any other commodity with wide price swings in times of shortage or oversupply and in times of political instability. The crude oil price cycle may extend over several years.

There are two types of crude oil, sour crude is primarily the type of crude that comes from OPEC, as opposed to West Texas Intermediate (WTI) or sweet crude. The WTI price is traded on the New York Mercantile Exchange (NYMEX).

Crude oil began futures trading on the NYMEX in 1983 and is the most heavily traded commodity. It trades in units of 1,000 U.S. barrels i.e. 42,000 US gallons (1 contract), and the price is quoted in dollars and cents per barrel. The minimum price fluctuation in the price of crude oil is US$ 0.001per barrel ( US$ 10 per contract).

Crude oil Futures trading has always been of tremendous interest to speculators who hope to profit from the ever changing price of this commodity.

Our trading platform contains the following Energies Traded Instruments:

InstrumentExecutionSpreadType of SpreadPending OrdersOrdersContract SizeMaximum LotsMarginMargin on Hedge
CL__ (Light Sweet Crude Oil) Market 0 Floating 25 Pips GTC 1000 Barrels 25 1000 USD 0
CLM__ (Mini Oil Futures) Market 0 Floating 250 Pips GTC 500 Barrels 25 500 USD 0
NG__(Henry Hub Natural Gas Futures) Market 0 Floating 100 Pips GTC 10000 mmBtu 25 2000 USD 0
NGM__(E-Mini Natural Gas Futures) Market 0 Floating 100 Pips GTC 2500 mmBtu 25 1000 USD 0