TradeStation Adds Support for Micro Copper Futures from CME Group

The American online broker, TradeStation announced on Monday that it is now offering the ability to trade Micro Copper Futures from CME Group. With its latest addition, TradeStation expands its suite to over 450 futures and futures options products.

CME Group's Copper futures will provide a variety of market participants, from large institutions to sophisticated individuals, with greater access to transparency and liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. Due to their smaller notional size, micro products have lower margin requirements Margin Requirements A margin requirement is defined as the minimum equity sum that investors must keep in their margin account preceding a trading transaction. Margin requirements may be referred to as maintenance margin, minimum maintenance, or maintenance requirement. This is a requirement for broker trading in any asset class.In terms of equities, the New York Stock Exchange (NYSE) and Financial Industry Regulatory Authority (FINRA) have a fixed margin requirement of 25% of the sum value of the securities presen A margin requirement is defined as the minimum equity sum that investors must keep in their margin account preceding a trading transaction. Margin requirements may be referred to as maintenance margin, minimum maintenance, or maintenance requirement. This is a requirement for broker trading in any asset class.In terms of equities, the New York Stock Exchange (NYSE) and Financial Industry Regulatory Authority (FINRA) have a fixed margin requirement of 25% of the sum value of the securities presen Read this Term, making them more accessible to retail traders looking for diversification and flexibility as they trade commodities.

Unlike standard-sized copper futures contracts, Micro Copper Futures will be cash-settled and one-tenth the size.

"We're excited to offer a new micro metals futures product to meet the needs of our customers while continuing our longstanding relationship with CME Group. Over the past few years, we've seen a growing interest in futures, especially from younger investors who are becoming more advanced and educated on the market,” John Bartleman, the President and Chief Executive Officer of TradeStation Securities' parent company, TradeStation Group, Inc, commented.

Through TradeStation desktop, web and mobile applications, clients are able to trade Micro Copper Futures contracts. TradeStation provides advanced visualization and analysis tools. In addition to educational resources, free-market data and client support, including trade-desk specialists, clients can trade in whichever way they choose.

Q4 FY22 Figures

TradeStation recently released its financials for the first three months of 2022. It reported total net revenue of $52.6 million for the period, which is a 19.1% decline year-over-year. In addition, it closed the fiscal year 2022, which ended on March 31, with total revenue of $209.6 million, which is a decline of 4.1%.

The broker cited decreases in trading-related revenue, net interest income, and subscription and other revenue streams as the primary reason for the revenue drop.