10:16 AM
TradeStation to Offer COT Data
TradeStation has announced it will now offer clients integrated Commitments of Traders (COT) data at no additional cost for use in analyzing futures markets and creating, back-testing and executing futures trading strategies.
The information on purchase and sales of futures contracts is provided by the Commodity Futures Trading Commission (CFTC) weekly. COT data gives a detailed breakdown on the number of futures contracts held long, short or spread by commercial traders, non-commercial traders and other speculative traders.
This information can be used to show which groups of traders have a position bias in a market direction, which groups may be driving the market trend and which groups are increasing or decreasing position size.