How Much Brokerage on Crude Oil Futures?

Siddhant Batra asked:


In terms of dollars, how much is the standard brokerage charged for trading 1 future lot of Light Crude Oil (consider its price to be $120)
=) asked:


Currently working on an investment research paper as a part of of our requirements in a course. I am choosing between working the paper on a mining company and a universal bank.

The mining company is well-known, and I believe its securities are known and being traded world-wide. Its securities are included in the Active Stocks of the stock exchange of our country. Seems that I would be able to gather a lot of information from the internet, news, and other resources. My only problem doing research for it is that I do not know how to add some things related to the pricing of its commodities. I believe that the prices move together with the world markets.

The universal bank, on the other hand, is well known to the country. Its shares are not included in the Active Stocks. It seems to me that I have lesser resources of information than that of the mining company. I am a little bit familiar with the operations of a bank.

Please help me which of them to choose to work on the paper. Thank you. =)

Raisinable asked:


I’ve tried a lot of websites and books but none of them break it down fully for someone just getting familiar with this. I basically understand the idea of hedging, but I get a bit lost when people talk about spreads and basis and most of all, I don’t understand the link between physical commodities and all these bits of paper that are apparently traded on futures exchanges.

tolulope a asked:


I am seeking a career in IB and also interested in trading for myself. I attended a training session organised by Benedix(www.benedix.co.uk) where the training itself was delivered by Simon Dixon (you can look him up). The information given was a lot to assimilate for a one day training. I believe I need a 1-2-1 mentoring by someone who really knows what he/she is doing. I can’t afford to pay for this opportunity but I am willing to work for free and do whatever grunt work may be required. The details of this arrangement can be worked out if you do decide to take me on. If not you then maybe you know someone who may be interested or someone who knows someone (ad infinitum a la six degrees of separation style). I’ll be very grateful if given this opportunity.

commodities
NunZ7777 asked:


I don’t have a lot to invest but I believe the dollar is just going to keep getting weaker. Many analysts I’ve read really like the Canadian dollar. Also how does a small investor go about investing in different kinds of commodities?