Contributor: Mike Wilkins
“Futures are safe”, that’s not an expression you hear very often. Let’s face it, in a world where most people’s exposure to futures markets is limited to watching “Trading Places” and hearing nightly news reports about surging commodity prices, the perception is that futures markets are fraught with danger and are just one step above the blackjack table in Vegas. But there was Donald Wilson, founder of DRW Trading and one of the leading minds in the exchange traded derivative spaces reminding an audience at last week’s Aite Group “Trading 2011: Trading In The Fast Lane” conference that in spite of all the sensationalism, futures markets provide an efficient system for price discovery and risk management.... read more