The API allows users to search and filter across columns for each of the datasets, including reporting date or week, commodity groups, subgroups, or name, and contract market name. Customized data report results can be downloaded to available formats — CSV, RDF, RSS, TSV, or XML. The larger the net short position of the small trader (relative to history) and the extent that small traders are holding a position “against” the trend are factors that will https://www.liberty.co.za/ add to the bullishness of the report. They may not always translate into immediate price movements, and the market can stay in overbought or oversold territory for extended periods.
How Do You Read a COT Report?
Hence, trading strategies should integrate COT data with other market analysis tools (technical indicators, fundamental data). For example, a trader with a bearish bias on a currency pair based on economic data might reconsider their position if the COT report indicates significant net long positions held by non-commercials. The 2025 COT Report Release Schedule ensures traders have timely access to market data. Each report is based on data collected every Tuesday, verified on Wednesday, and made publicly available by Friday afternoon. Looking at the COT example in the table above, we can see that Nasdaq 100 futures, traded on the Chicago Mercantile Exchange (CME) had https://istorepreowned.co.za/ an open interest of 57,779 contracts on June 15, 2021. Of these, 14,320 were longs held by dealers and 10,875 shorts sold by institutional traders.
COT-Reports.com – Your FREE source for the latest COT data. Simplified.
This captured data allows analysts to assess market sentiment and positioning. By understanding which types of traders (such as commercials, speculators. etc.) hold large long or short positions, the traders reports can provide clues about potential future market movements. Information that is included in the report is compiled on Tuesday and verified on Wednesday before being released every Friday. The report is intended to help people understand the dynamics of the market. Commodity Futures Trading Commission, "each Tuesday’s open interest for futures and options on futures markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC."
How to Use the COT Report
- Good to know they are on hand to provide help with any heating problems.
- It involves a detailed breakdown of various positions held by different types of traders in the futures markets.
- First, let’s define what COT is and how important this report is to traders.
- Market-bulls.com does not accept responsibility for any loss or damage arising from reliance on the site’s content.
He is a CFA charterholder as well as agc motsepe holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem. However, the original COT reports are text based and the CFTC does not provide any data analytics tools. Open interest is the total of all futures and/or option contracts entered into and not yet offset by a transaction, by delivery, by exercise, etc.
Who are the forex market participants?
The noncommercial participants are split between managed money and other reportables. The COT Open Interest is the total position that entered the market in a specific time. At the same time, we can use the open interest to analyze the behavior of specific market participants, for example, which percentage of the open interest was entered by the commercials. The Commitments of Traders (COT) reports are provided by the Commodity Futures Trading Commission (CFTC). COT reports provide a breakdown of each Tuesday’s open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC. For the “producer/merchant/processor/user” category, open interest is reported only by long or short positions.
When graphically shown on charts, you actually see what is referred to as the Net Traders Positions which is the actual difference between the number of long positions held by each group minus the number of short positions. Thus a positive number means they hold more long positions than short and vice versa. Every other reportable trader that is not placed into one of the other three categories is placed into the "other reportables" category. It is possible that there’s a lack of a sufficient number of Large Traders with respect to the contract market in question. Specifically, when the number of reportable Large Traders drops below 20 for a commodity or contract market, it no longer appears in the COT report. In such event, once a africa gold capital investment patrice motsepe contract market has again reached 20 or more reportable Large Traders, the contract market will be added again to the COT Reports.