Crude Palm Oil
Posted: Tue Jun 21, 2011 1:48 pm
I recently read the following and wondered if any of you trade this market?
"Crude Palm Oil Futures (FCPO), the world's most liquid & successful contract available via DMA at CME Chicago Matching Engine. We facilitate DMA access to all Institutional, Algo Traders from USA.
Crude Palm Oil Futures have been around since the 1980s, with the matching engine in Malaysia moved to CME Globex in Chicago since Sept 20th, 2011. "Most liquid" above is in reference to its ADV value at USD650 million OP increased to 110k contracts at record high and still growing as per last month. It is also the benchmark for physical Palm Oil in the world. Even the other similar Crude Palm Oil futures contract launched at India, Indonesia, Singapore and even CME have failed to capture attention and volumes."
"Crude Palm Oil Futures (FCPO), the world's most liquid & successful contract available via DMA at CME Chicago Matching Engine. We facilitate DMA access to all Institutional, Algo Traders from USA.
Crude Palm Oil Futures have been around since the 1980s, with the matching engine in Malaysia moved to CME Globex in Chicago since Sept 20th, 2011. "Most liquid" above is in reference to its ADV value at USD650 million OP increased to 110k contracts at record high and still growing as per last month. It is also the benchmark for physical Palm Oil in the world. Even the other similar Crude Palm Oil futures contract launched at India, Indonesia, Singapore and even CME have failed to capture attention and volumes."