A comprehensive textbook covering commodity marketing basics, futures, options, and trading strategies.
The CME Commodity Trading Manual was originally created for high‑school agricultural education and later revised as a textbook for anyone interested in commodity marketing. It explains the evolution of futures markets, marketing alternatives, and the role of exchanges.
The book includes chapters on marketing basics, futures markets, brokerage accounts, supply and demand, analytical tools, options terms and strategies, marketing math, answer keys, and a glossary, providing both theoretical background and practical examples.
A performance bond is the amount of money or collateral deposited by a client with a broker or clearing firm to guarantee potential losses on a futures or options contract.