Trade the global markets
Online trading in OTC derivatives with ICM Brokers enables investors to take advantage of swift order execution on a variety of commodity, energy, financial, and index futures instruments.
These highly liquid instruments are traded on market execution basis with tight market spreads, low margin requirements and multiple order entry capability. OTC futures instruments are cash-settled with no delivery allowed.
Futures contracts are derivative instruments that are standardized in quality, quantity and delivery in order to facilitate trading. They are derived from traditional commodities as well as other non-traditional asset classes and are traded on various exchanges around the world on margin basis.
The buyer of a futures contract has the obligation to take delivery of the underlying asset as per the contractual terms of the exchange. Conversely, the seller must deliver the underlying product or instrument under the terms of the contract. Of course both parties may dissolve their commitment by closing out their contracts prior to settlement date. If the futures contract is cash-settled, the trader who sustains a loss must consequently settle with the clearing house (usually part of the exchange), which acts as a guarantor and transfers the funds to the trader who made a profit.