Commodities Futures Trading
I. Course Prefix/Number: FIS 101
Course Name: Commodities Futures Trading
Credits: 3 (3 lecture; 0 lab)
III. Course (Catalog) Description
IV. Learning Objectives
V. Academic Integrity
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.
There are serious consequences to violations of the academic integrity policy. Oakton's policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.
Details of the Code of Academic Conduct can be found in the Student Handbook.
VI. Sequence of Topics
b. Economic Functions/Justification
c. Exchanges and Clearinghouses
i. Methods of Analysis
2. Futures Applications
a. Agriculture Commodities
b. Financial/Index Futures
c. Precious Metals, Energy Futures
3. Options Concepts and Applications
b. Options on Futures
c. Option Applications
4. Principles of Analysis
VII. Methods of Instruction
Course may be taught as face-to-face, media-based, hybrid or online course.
VIII. Course Practices Required
Each student will participate in a "Trading Game" by selecting one or more commodities and with a fictitious account of $50,000, trade in that commodity through the semester. Five trades are required to receive credit. Grades will not be affected by how well students do in the game, participation is what counts.
Students will be assigned a term paper to be handed in near the end of the course in which they will describe the commodity(s) that they chose to trade, discuss their successes and failures in the trading game.
IX. Instructional Materials
Varies by instructor.
X. Methods of Evaluating Student Progress
XI. Other Course Information
B. Each instructor may establish additional policies with respect to make-up exams, incomplete grades, etc.
If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the Access and Disability Resource Center at the Des Plaines or Skokie campus. All students are expected to fulfill essential course requirements. The College will not waive any essential skill or requirement of a course or degree program.