The Futures Industry Association (FIA} is the only association representative of all organizations that have an interest in the futures market. The FIA has more than 180 corporate members, reaching thousands of industry participants.
The Futures Industry Association website has a highly useful feature called “eclips” that brings you news that relates to the futures industry. If there is a hot issue that has an impact on commodity futures trading you are likely to find it there.
Regular Members are futures commission merchants. The FIA estimates that their regular members are responsible for more than 80% of the customer business transacted on U.S. futures exchanges. Through these members they represent the needs of futures industry customers; in fact, their members include the top 20 firms in terms of customer equity.
Associate Members include international exchanges, banks, legal and accounting firms, introducing brokers, commodity trading adviser’s, commodity pool operators and other market users, and information and equipment providers headquartered in the U.S.A. and abroad.
As you can see this is a powerful association of industry movers and shakers.
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The Investment World Today blog is being developed to cover developments and offer insights in major investment areas like forex markets trading, stock markets and trading, the home loan market, commodities futures markets, consumer loans, and the market for consumer related insurance.
The editor and chief writer for Investment World Today will be Gerald Greene, who has over 30 years of experience taking part in and writing about world business and financial markets.
If you have an interest in investing get in the habit of checking Investment World Today out. Being exposed to just one or two good ideas every now and then could save or make you a lot of money.
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Do you want to multiply your money fast?
No problem. Just move to India and collect one rupee coins, melt them down and convert the metal into razor blades.
Indian coins are worth up to 35 times as much as razor blades as they are as coins. This leaves a huge profit margin for those involved in the illegal business of melting down coins.
As you might expect illegal or not such profit margins attract a lot of interest. Coins are in short supply in many parts of India.
Originally, the Indian coins were smuggled into Bangladesh and then melted down and turned into razor blades. More recently enterprising Indians have themselves been melting the coins down and then smuggling the finished product into Bangladesh.
The boom in commodity metal prices caused by rapid growth nations like China and India have caused similar problems for governments in other nations.
Copper is salvaged from melted down stolen telephone lines. Metal manhole covers are stolen from city streets and sold as scrap metal. Cast iron water pipes are ripped from roadways.
As long as huge profit margins remain from such activities the authorities are going to be hard pressed to stop the illegal practices.
This is not only true in countries, like India, that in spite of rapid economic growth still has hundreds of millions of citizens living in poverty, but in developed countries, like the United States, that has a surprising number of homeless and low income people trying to survive one way or the other.
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