Good Thursday Morning, All!
I've been lurking around and so warmly impressed by the genuinely helpful pleasant discourse here. May I venture to participate with a question concerning the Winnipeg Futures Exchange's seeming minimum requirement in the transaction of outright contracts of Canola.
Am I interpreting it correctly, on the Winnipeg Futures Exchange web page, under contract specifications for Canola, that there is a 5 contract minimum requirement? And again, am I correct in understanding that the speculative margin requirement is $203(US or Canadian?)?
Also, is Barley a viable trading vehicle in your opinion or is the volume too thin? And the 5 contract minimum also applies at a margin of some $68 per contract?
Finally, the whole exchange rate issue regarding the final tally of profit/loss and commissions that Mr Jeff Koski has just experienced is interesting.
So sorry to begin my introduction to your Forum with a question rather than a contribution. I look forward to fulfilling that positive role quickly. Thanks and best wishes to you all.