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