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Exclusive e-Pit Technology
Here is how the E-PitSM technology works. A farmer can post an offer to deliver cash corn to his or her local buyer on DPP grain desk. The farmer chooses their bushel quantity, a delivery period, and a desired cash price they wish to receive for their commodity. This offer immediately appears on the buyer’s screen and the buyer assigns a futures contract and basis level. ePit
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Why choose ePit?
On any given day, rest assured the DPP grain desk will use the power of dynamic pricing, E-Pit, and other technologies to find the price you want from your local market! Does your Trading System do this? If not, contact us today for a live demo! |
Keeps Buyers Hedged and Prevents Slippage
The buyer’s goal, as a hedger, is to purchase the cash grain and immediately obtain a futures sale of the same quantity at their desired basis level. The DPP grain desk monitors offers against every tick of the futures market from 9:30 am to 1:15 pm and from 6:00 pm to 7:15 am using the CBOT electronic futures markets, and automatically submits a hedge order to an introducing broker’s electronic order entry system. DPP grain desk with the E-Pit technology can place a hedge order, receive confirmation of the fill, execute the cash purchase, and notify both buyer and seller in less than 10 seconds |
