Speculators Bigger Players in Futures, Options Markets Than Thought [View article]
Samueic, Investment banks are "writing" commodity trades in the OTC market. NO ONE knows the amount of these off exchange contracts, however, the consensus seems to be that it's a significant multiple greater than the open interest of many commodities traded on an "exchange".
It is true - "the market is the market". However, a commodity is finite and money/currency is elastic, therefore money can "chase" an asset like a BULL in a china shop.
Without market transparency, i.e. Exchange cleared commodity trading, we simply "don't know what we don't know".
Speculation and free markets are what makes the world go round, both fear and greed. Manipulation is, however, is extremely destructive.
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Samueic, Investment banks are "writing" commodity trades in the OTC market. NO ONE knows the amount of these off exchange contracts, however, the consensus seems to be that it's a significant multiple greater than the open interest of many commodities traded on an "exchange".
Aug 15 23:21 pm
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All Comments by monk »Speculators Bigger Players in Futures, Options Markets Than Thought [View article]
It is true - "the market is the market". However, a commodity is finite and money/currency is elastic, therefore money can "chase" an asset like a BULL in a china shop.
Without market transparency, i.e. Exchange cleared commodity trading, we simply "don't know what we don't know".
Speculation and free markets are what makes the world go round, both fear and greed. Manipulation is, however, is extremely destructive.
WHO IS BEHIND THE CURTAIN?