monk

Speculators Bigger Players in Futures, Options Markets Than Thought

The non-transparent OTC commodity "market" dwarfs the exchanges, thus CFTC data in any way shape or form is misleading. Randomly querying the street for commodity information accomplishes nothing. Either commodity OTC markets become globally regulated under the CFTC and FSA, for example, and be required to "clear" through an exchange or the world risks another debacle rivaling subprime mortgages.

Financial Markets Have Leapfrogged CFTC.