
099: Brynne Kelly – What Happens on a Merchant Trading Desk—with an Energy Veteran
Chat With Traders
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The Real Reason Why Futures Commodity Markets Exist
Exchange contracts are price indicators, right? And if there was not a liquid reliable forward price indicator, it would be difficult to do long term contracts. Producers just don't get to go out and sell 100% of their production into the NIMEX firm market. You know, they have to sell either to a bank intermediary that will accept their C rated credit or triple B minus credit.
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