Schott OFT Adds Crude Palm Oil to D-Trade

Top Quote Crude Palm Oil joins the list of trading Schott OFT's commodities (schott-oft.com) providing FX options liquidity. End Quote
  • (1888PressRelease) October 01, 2013 - Schott OFT(schott-oft.com) announced today that Crude Palm Oil has gone live as a liquidity provider on its commodities and futures options platform D-Trade.

    D-Trade, the pioneering e-Commerce solution for commodities and futures and options, provides users with multi-bank commodities and futures and options from a single user interface. Launched after a successful test period, trade volumes & notional amounts continue to increase as the product is rolled out.

    Denny Chiang, Head of Trading and Technology Schott OFT said, "We are pleased to support D-Trade. Our aim is to provide our clients with a combination of high quality price support and the best possible service experience". He added, "Crude Palm Oil will further enhance the value of D-Trade for our clients. Expanding our e- commodities and futures and options capability is a key part of Schott OFT's strategy to grow the commodities and futures and options division."

    Robert Dammars as Executive Vice President for Schott OFT Energy Services stated, "We are delighted that Crude Palm Oil has started to trade on D-Trade and our many clients will benefit from ourdiversified range of trading products. This will help maintain the very encouraging growth we have seen in trade volumes since our launch."

    Crude Palm Oil joins a growing commodities trading pool on D-Trade. Mr. Dammars added: "D-Trade continues to be well supported by the market-making banks, with other banks to go live in the coming months. The breadth of market coverage on D-Trade is very compelling and provides our clients very competitive prices in a single interface".

    Schott OFT's D-Trade Professional is a suite of pricing, trading, risk management and STP components allowing customers to control, monitor and oversee every aspect of commodities and futures and options trading and lifecycle management from a single interface.

    Schott OFT (schott-oft.com) is a commodity broker for futures and commodity trading, which specialize in Broker Assisted trading at discounted commission rates. Schott OFT offers Discount Online futures trading account plans and Broker Assisted commodity account plans to meet the needs of serious commodity futures traders and commodity option traders. Our mission is to provide state of the art order entry capabilities; extremely competitive commission rates and the professional service that today's futures trader's demand. We strive to maintain our solid reputation by providing our clients with competitive rates and quality service second to none.

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