Oil brokerage firms
A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission. A firm or individual who trades for his own account is called a trader.
Commodity contracts include futures , options , and similar financial derivatives. Clients who trade commodity contracts are either hedgers using the derivatives markets to manage risk, or speculators who are willing to assume that risk from hedgers in hopes of a profit. Ever since the s, the majority of commodity contracts traded are financial derivatives with financial underlying assets such as stock indexes and currencies.
When executing trades on behalf of a client in exchange for a commission he is acting in the role of a broker. When trading on behalf of his own account, or for the account of his employer, he is acting in the role of a trader. Floor trading is conducted in the pits of a commodity exchange via open outcry.
A floor broker is different than a "floor trader" he or she also works on the floor of the exchange, makes trades as a principal for his or her own account. IBs do not actually hold customer funds to margin. Expect value, not interference. LCMC operates on a global scale, sourcing the deepest liquidity available to independent brokers, while offering our clients discretion or anonymity, along with valuable insight.
LCMC Research gets ahead of the curve, helping clients anticipate fundamental trends rather than simply react to them. We provide rapid analysis of all major data releases, and regular insight through focused special reports. Our tools allow clients to explore market trends and download a wealth of fundamental data. We boast leading-edge research models, among which proprietary volatility pricers, and interactive charting utilities. We have been supporting BrazilFoundation's FundoCarioca since We sponsored urban art and photography competitions in and for 32 youths from communities throughout Rio de Janeiro.
Also, we have been helping the Foundation invest in eight organizations in Rio de Janeiro that offer professional training to help youth enter the workforce. Talk of an incentive to try even harder!
LCMCommodities was founded by seasoned commodities traders, seeking to re-think brokerage as an added-value complement to high-level trading. Since joining LCMC, he has been instrumental in developing the company's oil business. A true tennis buff, Gael is generally to be found on the courts after the close, letting off market steam to regain his focus. He aces more trades than games. After leading experiences in asset management at Natixis and Allianz Global Investors, Antoine invested and developed a French alternative energy company in France for two years -- prior to joining LCMC, and setting our NG business ablaze.
Antoine has a knack for teaching. He's also a lead broker in both base and precious metals. He began his career in exotic options at UBS before moving into commodities in For over 18 years Brad has made a career out of running the operations of successful brokerage firms in the commodity derivative space. Now with LCMC, he has his hands in every aspect of the business to help ensure its continued rise.
We boast disruptive research, innovative tools, and expert practice. Markets Our Energy team covers crude oil, oil products, natural gas and power operations on North American and European energy markets.