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

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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  • wapiti
    , contributor
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    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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