TradeStation Adds Support for Micro Copper Futures from CME Group

by Felipe Erazo
  • The broker has a suite of over 450 futures and futures options products.
  • Micro products have lower margin requirements.
Trade station futures

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 . Due to their smaller notional size, micro products have lower margin requirements , 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.

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 . Due to their smaller notional size, micro products have lower margin requirements , 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.

About the Author: Felipe Erazo
Felipe Erazo
  • 1036 Articles
  • 42 Followers
About the Author: Felipe Erazo
Felipe earned a degree in journalism at the University of Chile with the highest honour in the overall ranking, and he also holds a Bachelor of Arts in Social Communication. In addition, he has been working as a freelance writer and Forex/crypto analyst, with experience gained from several forex broker firms and crypto-related media outlets around the world. He has been involved in the world of online forex trading since 2010 and in the crypto sphere since 2015.
  • 1036 Articles
  • 42 Followers

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