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Real World | FEB 2002
Step Up To Trade At The NYMEX by Victoria Woolley
Step Up To Trade At The NYMEX by Victoria Woolley How do you get to be a floor trader at the New York Mercantile Exchange? Like Broadway, it’s practice, practice, practice. Ever wonder what the training process is for new options traders, how their personal trading strategies evolve, and what the differences are between the various broker–traders at the New York Mercantile Exchange (NYMEX), the world’s largest commodity futures exchange? I spoke with some traders from the NYMEX last summer. We talked about the different types of broker–traders, what “trader boot camp” is, and what systems and formulas they use.
by Victoria Woolley
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