On COT Report - Part III. - So there is more than one kind of Commitments of Traders report?

  • 05/22/2013
Yes, CFTC publishes four kind of Commitments of Traders reports:Legacy cot reports: the original COT reports, dating back for most futures contracts to the 1980’s. For trading purposes, these reports are the most useful, because of their long history and proven edge .Disaggregated and Traders in Financial Futures (TIFF) cot reports: new cot reports introduced in 2009, with different trader categorizations. Since its history is short, meaningful statistical testing cannot yet be made to find out its usefulness.Supplemental Commodity Index or CIT cot reports: has more history than the disaggregated reports, but still not enough, especially compared to the depth of the legacy reports. It was constructed to show the positions of commodity investment (commodity index tracking) funds.Most of statistical testing was performed on the Legacy cot reports, and clearly these datasets are the most widely followed and respected among market professionals. We suggest to concentrate on these reports, and look to include the Disaggregated data analysis after its history builds up to at least five years.Our subscribers can access our research and advanced cot charts on all kinds of Commitments of Traders report, including Legacy, Disaggregated, Traders in Financial Futures and CIT report.