Speculative Account
Speculative accounts are those meant for investment purposes only and do not have underlying hedging motives. These types of accounts allow for a great deal of personalization as one can invest in any market, whether it is soybeans or foreign currencies. As the investor decides the trades, Mr. Bower and account executives personally give advice to each of their clients as to the continuing changing market conditions in any given situation. Speculative accounts are subject to margin calls and have fixed rate commission schedules. Individual speculative accounts do require the investor to take an active role in their investments in deciding when to get in and out of the market. The challenge of the futures market is one that will keep both the novice and seasoned investor busy with its moves and patterns that vary greatly from that of the stock markets.
--------------------Bower Trading is an Introducing Broker of MF Global.--------------------