👉 The Calgary IOR, or Calgary International Oil Exchange, is a futures trading platform that specializes in oil and gas commodities, primarily focusing on crude oil and related products like derivatives. Established to provide a more accessible and efficient market for Canadian and international oil traders, it operates as a clearinghouse where buyers and sellers can trade contracts for oil deliveries, futures, and options. Unlike traditional exchanges, the Calgary IOR is not a physical location but rather an electronic marketplace, facilitating transactions through a network of brokers and dealers. It plays a crucial role in managing price volatility and risk in the global oil market, offering a range of products tailored to different hedging and speculative needs.
