Jump to content
  • 0

Metal Trading

Question

Hi there

New to trading metals and wanted to understand a bit more about the spot and futures pricing. I'll make the question in sections so it is easier to answer.

1) For base metals it seems only HG Copper has a futures and spot option. Does this mean there are no futures trading for the other metals? Or is the spot price derived from the LME 3 Month Futures Price?

2) Are there expiry dates on the spot prices and is there overnight funding for spot? (I am aware futures do not have overnight funding but are embedded into the spreads).

 

3) If there is overnight funding or an expiry date will they be displayed on the trade?

Share this post


Link to post

1 answer to this question

Recommended Posts

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Member Statistics

    • Total Topics
      7,781
    • Total Posts
      40,624
    • Total Members
      50,996
    Newest Member
    Bukake151
    Joined 22/11/19 05:42
  • Posts

    • Crude palm oil prices could hit $700/mt FOB Belawan in 2020: Golden-Agri https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/111419-crude-palm-oil-prices-could-hit-700-mt-fob-belawan-in-2020-golden-agri
    • Well Bitcoin broke $8k and is currently around the $7.5k price area. It is not looking good at all.  It seems my $6.3k - $6.6k price area which I think could be the bottom or this specific downward move looks more likely now. I mentioned this price area on Monday (a few posts above) and now I think unless there is some serious buying or spectacular news followed by some serious pumping and short covering then Bitcoin is heading towards this price zone. 
    • There are many different ways to trade and applying or adopting trend following principles is merely just one such way. Trading more frequently does not guarantee any more success but it can increase the chances of making more losses if you do not have a robust trading system that is based on a sound trading plan. Trend following does not have to involve regular or frequent trading. That is the beauty of it. You can merely wait until you identify a trend which you wish to trade. Of course they will not all be successful as the trend could reverse sharply against you, it could be a false trend (looks like a trend but not) or simply the volatility could stop you out.  Day trading really is for full time traders in my personal opinion unless you have an expensive automated system which has been tested rigorously or you are an exceptional trader which can consistently make profits on most days without gambling, hoping or relying on luck.  Trend following suits me based on the time I have available to trade. I accept it is not for everyone but I believe all trading includes an element of trend following. Just how much depends on your trading style and methodologies adopted. 
×
×