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Bill Henner

Bill Henner

Third-generation futures trader and veteran Chicago Mercantile Exchange floor trader (1978–2006), later a trading educator at Value Zone Trading and Online Trading Academy.

Sep 4, 2026

3:56
Talk a little bit about, first off, what is the futures market?
4:00
The futures market is basically a mechanism that was developed over 150 years ago.
4:07
It was set up originally as a mechanism for managing price risk for people who are users or producers of commodities.
4:19
Back in the old days, all the markets were based on agriculture.
4:23
But of course, speculators, traders are kind of the lubrication of the machine.
4:29
And of course, the nice thing about futures with all the leverage and the availability of so many different underlying assets that futures contracts track, They give you the ability to really take advantage of wherever the action might be, economically speaking, meaning that we have futures contracts that track agricultural products.
4:51
Those are kind of the old line legacy products.
7:57
I'm assuming that's why it was created.

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