| Refined Products Trading
Trading refined products on HoustonStreet.com is surprisingly
similar to the way you trade today. Built by products traders, for
products 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
a high performance trading floor featuring automatic price discovery,
at-a-glance market depth, plus vital news, weather and market information.
Take the Virtual Tour for a detailed overview of the Products trading
platform.
Refined Products
The Refined Products trading platform is designed specifically
for traders who deal in finished products or the financially-settled
derivatives of those products, such as swaps.
HoustonStreet.com is the easiest way to trade refined products.
Select your market, set your price and volume, and trade. 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, with
total control, secure in the knowledge that your anonymity is always
protected.
The Refined Products trading platform was designed for immediate
price discovery, quick transaction completion and above all, usability.
On the floor, the markets you choose are displayed in front of you.
You can view grades and cycles, with bids and offers displayed side
by side. Hit bids, lift offers, 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 Products platform offers several special features
which are designed to enhance your trading experience.
Products Preferences allows you to customize your view of the
trading floor to focus on the locations and products you most frequently
trade. The Refined Products floor supports physical products including: Jet
Fuels, Low Sulfur Diesel, #2 Heating Oil, Conventional Regular and
Premium, and RFG Regular and Premium. The Refined Products floor also
supports financially-settled derivatives, such as swaps for Gulf Coast
and NYMEX products. Locations include Colonial and Explorer Pipelines.
With the click of a mouse you can access and trade any market. Products
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, whether it has timed-out or
whether there's interest in building on the amount of the trade.
The Global Messaging tab displays what's going on in the other markets
that may impact your markets.
The My Markets 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 posting by you or a counter party 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 Refined Products platform by you or your company,
for up to 30 days, and with the complete history of each trade
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