Commodity Blog

Jun 4 2020

5 Features Your Commodity Trading Software Must Have

Commodity Trading Software

1.Extensive Data Coverage

First and foremost, your commodity trading software needs to have extensive data coverage. You need to be able to get all of the data you need in one place so you can immediately start performing analysis and making trades instead of wasting time hunting for data across different source sites.

2. Advanced Charting

Your trading decisions depend on cutting-edge analytics. Your commodity trading software should have advanced charting capabilities including the ability to drag, drop, pan, add studies, place limit and stop orders and cancel working orders.

Streaming chart data is also a must as you need to ensure that you have the latest data to support critical business decisions.

Streaming Chart Data

3. Streaming News

Commodity traders need access to actionable commodity market news and market analysis to make business critical decisions. Your commodity trading platform must have a streaming feed containing the information that’s important to commodity traders.

4. Excel Add-In

Sometimes you can’t do everything you need to in software. Using an Excel add-in can help you automate and improve your workflows and take you research and analysis to the next level. You want to be able to access all of your data in excel as part of your commodity platform software license.

Commodity Trading Excel Add In

5 Mobile Access

Last but not least - your commodity trading software needs mobile access. What good is a platform that has the data and tools you need, but doesn’t let you access them when you need them? The markets don’t wait for anyone, so make sure your commodity trading software has mobile access!

Mobile Commodity Trading

This list of must haves can seem a little overwhelming, however, if you’re looking for a commodity trading platform that has it all - look no further! cmdtyView has the extensive data you need, with futures execution, advanced charting,an excel add-in and of course mobile access. What are you waiting for? Sign up for a free trial here or drop us a line at cmdty@barchart.com to get started.

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