| Crude Oil Trading
Trading crude oil on HoustonStreet.com is surprisingly similar
to the way you trade today. Built by traders, for traders, HoustonStreet
is designed to operate the way you think. On HoustonStreet you drive
your own trades, with fingertip control over all bids, offers and
negotiations. Leveraging the speed and efficiency of the Internet,
HoustonStreet.com provides you with high performance trading floors
featuring automatic price discovery and at-a-glance market depth. Take
the Virtual Tour for a detailed overview of the Crude trading
platform.
Crude
The Crude trading platform is designed specifically for trading U.S.
domestic and Canadian grades of physical crude oil.
HoustonStreet.com is the fastest way to trade crude oil. Select
your market, tune your numbers and go. Hit bids, lift offers or
sweep the entire market in an instant. It's a fast paced trading
environment that allows you to react quickly to the market, secure
in the knowledge that your anonymity is always protected and that
you have total control over all your transactions.
The Crude trading platform was designed to facilitate immediate
price discovery, quick transaction completion and above all, liquidity.
On the trading floor, you have the crude market displayed in front
of you. You can view grades, locations, delivery periods and price
basis, with best-of-market bids and offers displayed side by side.
Quickly make decisive market comparisons without the need to filter
or search. Hit bids, lift offers, act on multiple markets, build
on a trade and negotiate with any bid or offer. Easily create, modify,
cancel or hold any or all of your positions.
The HoustonStreet Crude platform offers several special features
which are designed to enhance your trading experience.
Crude Preferences allows you to customize your view
of the trading floor to focus in on just the locations and grades
you most frequently trade. Crude supports trading in locations
including: St.James, Teppco Cushing, Guernsey, Empire, Houma, Clovelly,
Teppco Midland, ExxonMobil Midland, Patoka, and Equilon Basin Pipeline.
And these Canadian locations: Wood River, Guernsey Express, Mokena Enbridge.
Grades traded on the floor include: HLS, LLS, Bonito Sour, Eugene Island,
Poseidon, Mars, WTS, WTI, Foreign Sweet, Foreign Sour, Domestic
Sweet, Hoover-Diana, and Wyoming Sweet. We also support
Canadian grades including: Lloyd Blend, Lloyd Wainwright, Bow River,
and Mixed Sweet. So with a click of the mouse, you can instantly
switch from the LLS market to the WTS Market. Crude Preferences
also allows you to adjust messaging and transaction handling to
fit your personal trading style.
An FYI column tells you which bids and offers belong to you or
your company, whether it's on hold, or whether it's negotiable.
The Global Messaging tab displays what's going on in your and other
markets that may impact your trading strategy.
The My Bids/Offers section automatically keeps track of all the
bids and offers you have posted, no matter which market they were
posted in.
Any action made on your Bids and Offers by you or a counterparty
is immediately displayed under your Personal Messaging tab. This
allows you to easily track builds and negotiations.
The Transaction History screen displays
every deal completed on the HoustonStreet Crude platform by you or
your company and with the complete history of
each trade.
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