On Monday, Optionshop, the new?online futures broker specializing in options on futures, opened its doors for business and will start accepting new accounts.
According to its press release,?Optionshop thinks that “futures options have the potential to give traders a better way to gain exposure to commodity markets than through straight futures, commodity ETFs or resource company stocks.”?
Optionshop CEO Bob Fitzsimmons said in a statement, “Optionshop believes that options on futures should be as easy to understand and trade as equity options, and we have carefully crafted and built one-of-a-kind trading tools that traders need to be successful.
?For too long, online brokers have treated futures options traders as second-class citizens, and Optionshop is dedicated to creating what we believe is the optimal futures options-trading experience.?
The online futures broker will appeal to futures traders looking for improved management of their market exposure as well as equity options traders desiring greater efficiency when accessing commodity markets.
Trading tools include the following:?
- RequestForQuote ? At the touch of a button, this gives investors a tool that professional futures options traders have kept to themselves. This will provide a chance to get improved pricing on options spread orders.
- ?SpreadBuilder ? Futures options spreads help investors define risk and reward levels they can live with. SpreadBuilder enables Optionshop customers to streamline the process with easy to use functionality and powerful visualization of profit and loss characteristics.
- ?Futures Options 101?? Over the last decade, millions of investors have learned to use equity options in their portfolio. Optionshop offers easy-to-understand educational content to help them see how futures options compare via video and text.
?To learn more about Optionshop, check out the website.?