October 30th, 2012

Futures Trading – Hurricane Sandy’s economic toll is poised to exceed $20 billion after the biggest Atlantic storm slammed into the Eastern U.S., damaging homes and offices and flooding subways in America’s most populated city.

The total would include insured losses of about $7 billion to $8 billion, said Charles Watson, research and development director at Kinetic Analysis Corp., a hazard-research company in Silver Spring, Maryland. Much of the remaining tab will be picked up by cities and states to repair infrastructure, such as New York City’s subways and tunnels, he said.

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Futures Trading Platforms

On October 12, 2012, in Futures Trading Platforms News Report, by Infinity Trading

October 12th, 2012

Firetip Futures Platform

Firetip is our proprietary platform, and as such we believe it has some of the coolest features you’ll find anywhere. Firetip was developed by traders, for traders with user-friendly order entry for the beginning trader to advanced capabilities for those old hands looking for a powerful and versatile workhorse of a platform.

Bracket Orders

Place your entry order and a contingent stop and limit order with one click. Simply create your “Bracket Strategy” (identifying the profit and loss objectives), enable it, and then place your trade!

Define your trading strategy and set it to run automatically
Place contingency orders with one click from the Advanced Trader
Multiple Bracket Orders, including Simple Bracket, OCO, OTO, & more
Designed for novice to advanced traders

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Firetip Platform

On October 1, 2012, in Firetip Futures Platform, by Infinity Trading

October 1st, 2012

Firetip is our proprietary platform, and as such we believe it has some of the coolest features you’ll find anywhere. Firetip was developed by traders, for traders with user-friendly order entry for the beginning trader to advanced capabilities for those old hands looking for a powerful and versatile workhorse of a Multi-lingual trade platform

Firetip: Bracket Orders

Place your entry order and a contingent stop and limit order with one click. Simply create your “Bracket Strategy” (identifying the profit and loss objectives), enable it, and then place your trade!

Define your trading strategy and set it to run automatically
Place contingency orders with one click from the Advanced Trader
Multiple Bracket Orders, including Simple Bracket, OCO, OTO, & more
Designed for novice to advanced traders

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Futures Trading Platforms

On August 31, 2012, in Futures Trading Platforms News Report, by Infinity Trading
  • August 31st, 2012
  • Futures
    Futures trading online with several platforms available. Customers can choose from a series of account types, or our system can mold to meet your needs for customized account management capabilities.

    • Firetip
      Firetip is a full featured professional-grade trading platform. Designed for professional traders that demand reliability and high performance, Firetip incorporates the features you need to better facilitate your trading. Firetip is designed to be an intuitive, easy to learn, trading platform but with all of the features you need and expect to make your trading a success. Access to many markets, direct market access, charting, news, account details, and statements all at your fingertips.

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August 13th, 2012

Russell R. Wasendorf Sr., chief executive officer of the collapsed commodity firm Peregrine Financial Group Inc., was indicted by a federal grand jury on 31 counts of making false statements to regulators.

“On 31 occasions between about February 2010 and June 2012, Wasendorf caused false reports to be submitted to the United States Commodity Futures Trading Commission,” Stephanie M. Rose, a U.S. prosecutor in Cedar Rapids, Iowa, said in a statement, citing an indictment filed today.

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August 7th, 2012

Crude oil futures rose to the highest level in more than two months after better-than-estimated corporate earnings bolstered optimism that economic growth will accelerate.

Crude oil climbed as much as 2.4 percent as equities gained, led by commodity and industrial shares. The euro advanced against the dollar, boosting the appeal of commodities to investors. Tension increased in Syria after rebels said Prime Minister Riad Hijab defected in the highest-ranking departure since an uprising began last year.

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March 14th, 2012

Wheat Futures – Wheat and flour imports by Indonesia, Asia’s biggest buyer, may gain at least 6 percent this year as rising incomes boost food demand in the world’s fourth most populous country, an industry executive said.

Purchases may reach 6.6 million metric tons in 2012 from 6.2 million tons a year earlier, said Franciscus Welirang, chairman of the Association of Flour Producers in Indonesia.

“Every year, the milling capacity increases by 400,000 tons,” said Welirang, also a director at PT Indofood Sukses Makmur, owner of the world’s largest flour mill. “That’s how fast demand is rising.” Companies producing wheat-flour increased to 18 last year from just four in 1998, he said.

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gold futures news

Gold futures gain

Mar 14, 2012

Gold Futures – Gold is poised for a 21 percent gain in 2012, extending its bull market to 12 consecutive years, as investors hoard record amounts and central banks expand reserves for the first time in a generation.

Gold bullion may rise to $1,897 an ounce in New York by Dec. 31 from $1,566.80 at the end of 2011, based on the average of 14 respondents in a survey at the Bloomberg Link Precious Metals Conference yesterday in New York. The rally that began in 2001 is the longest since at least 1920 in London, including a 10 percent gain last year.

Demand has strengthened as Europe seeks to contain its debt crisis, China’s economic expansion slows, and governments from the U.S. to the U.K. keep interest rates at all-time lows to shore up growth. Central banks have been net buyers for three straight years, the longest stretch since 1973, World Gold Council data show. Holdings (.GLDTONS) in exchange-traded funds backed by the metal reached a record 2,410.2 metric tons yesterday, data compiled by Bloomberg show.

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heating oil brokers

heating oil futures rise

March 13th, 2012

Heating oil futures and gasoline rose as U.S. retail sales climbed the most in five months in February, increasing optimism about the economic recovery and fuel demand.

Heating oil futures rose as retail sales gained 1.1 percent, Commerce Department figures showed today in Washington. Federal Reserve officials are expected later today to reaffirm a commitment to keep interest rates low. In Europe, German investor confidence jumped to a 21-month high in March.

“Some of the negative sentiments that have weighted on the market have eased,” said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. “German investor confidence is up, retail sales have firmed the market and the Fed is expected to keep interest rates the same.”

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crude oil prices

crude oil futures rise

March 13th, 2012

Crude oil rose after U.S. retail sales increased by the most in five months and equities gained, signaling stronger growth and higher demand.

Crude oil futures advanced as much as 0.9 percent as retail sales rose 1.1 percent in February, the Commerce Department said. Prices reversed an earlier loss as the dollar reduced gains against the euro and the Standard & Poor’s 500 index reached the highest level since 2008.

“Retail sales definitely are having a bullish impact on the market,” said Phil Streible, a Chicago-based commodities broker at RJO Futures. “We had a little selloff earlier on a stronger dollar, but the dollar has come off its highs now. Equities also helped the market.”

Crude oil futures for April delivery rose 74 cents, or 0.7 percent, to $107.08 a barrel at 12:38 p.m. on the New York Mercantile Exchange. It fell as much as 0.6 percent earlier. The price is up 8.3 percent this year.

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