When The Going Gets Tough, The Funds Get Going
An interesting article on the first4farming website today here, suggests that there might be some interesting repercussions to fund money creeping back into the wheat market.
With all the ongoing hullabaloo concerning stricter regulation of the Chicago market, making it more difficult for the funds to operate, might they take their business elsewhere?
Like Liffe/Euronext?
They're hardly likely to find the kind of very low volumes that have been trading on London wheat recently attractive, that's for sure. Blimey, if they have a problem in the US with lack of convergence, imagine what that would do for the market here.
With all the ongoing hullabaloo concerning stricter regulation of the Chicago market, making it more difficult for the funds to operate, might they take their business elsewhere?
Like Liffe/Euronext?
They're hardly likely to find the kind of very low volumes that have been trading on London wheat recently attractive, that's for sure. Blimey, if they have a problem in the US with lack of convergence, imagine what that would do for the market here.