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Jumping on one of the more interesting trades of 2011, CME Group will launch Brent crude oil...

  • Tuesday, November 22, 2011, 8:19 AM ET
    Jumping on one of the more interesting trades of 2011, CME Group will launch Brent crude oil futures contracts on December 12. The U.S. benchmark, WTI crude (ETF: USO), has lost reliability with traders as a world gauge due to logistical issues at Cushing, Okla., where it is priced. Its spread to Brent Crude (ETF: BNO) has fluctuated greatly in past months.
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This news story has 1 comment:

  •  
    so another ETF fails to correlate properly? What's new? When will people realize there is no such thing as a free lunch??
    22 Nov 2011, 08:24 AM Reply Like
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