View Single Post
3y3 4m t3h Gr4et gr4nD m0th4rfUxing mor4n! W4t<h //\y b33f kur+4nz F|4p!!# 4y4m 1e37!
Zangmonkey's Avatar
It's not common to trade metals over the FOREX.

Most traders will exchange it via COMEX futures and, if they want physical metal, will take delivery.

The regulation eliminates 28-day futures trading of metals in non-registered futures markets.
This is actually a good thing, and believe me it hurts me to say that for something named "Dodd-Frank".
The COMEX clearing house is regulated to monitor its long/short volume versus the actual physical inventory and warrants it holds. FOREX is not a physical clearinghouse and doesn't do this.
09 F9
Old 06-22-2011, 09:50 PM Zangmonkey is offline  
Reply With Quote