Natural Gas Trading
Natural gas accounts for almost a quarter of United States energy consumption, and the NYMEX Division natural gas futures contract is widely used as a national benchmark price. The futures contract trades in units of 10,000 million British thermal units. The price is based on delivery at the Henry Hub in Louisiana. According to NYMEX, the spread between natural gas futures and electricity futures can be used to manage price risk in the power markets.
Natural Gas Futures Forecasting Software
Ask any natural gas trader, producer, or general investor what trading tools or types of financial analysis he is using and you’re probably going to hear a list of different technologies and methods. However, having the right tool for the job is critical. Trading software can be used to augment an existing approach by supplying an inter-market perspective. The key to a natural gas trading system is its ability to forecast moving averages. One of the better natural gas trading software products is VantagePoint trading software that will help “see” what is likely to happen in the natural gas market before other traders (using only single-market analysis) catch wind of it.
Trading Natural Gas with VantagePoint Software
Since 1991 VantagePoint Software has been applying Artificial Intelligence to forecast market trends with up to 87.4% accuracy. With more than 25,000 customers in 114 different countries, VantagePoint is the leading AI trading software for Futures.