Posted 11/24/2012 21:48 (#2715062 - in reply to #2711559) Subject: Re: what is the purpose of agricultural futures market
Farwell, TX/Pleasant Hill, NM (Western Panhandle)
I think changing the USDA reports to a time when the markets are closed would be an easy first step. Move them to Friday afternoon, then everybody has a weekend to read and digest the data.
Why not require actual cash in their accounts for the initial margin required for every order? Guy wants the computer to place 5000 orders, he would have to have enough initial margin verified in his account for all 5000 contracts before the order could be placed?
Hard to know what to do, the more active the market and the more people (or computers) involved, the less likely one entity can control the market.