Deutsche Bank said it has temporarily halted issuing notes underlying the PowerShares DB Crude Oil Double Long Exchange-Trade Note (DXO). No reason was given by Deutsche Bank. However, there has been talk in the industry that this could be tied to moves by the U.S. Commodities Futures Trading Commission to clamp down on leveraged or speculative trading in some commodities. You can read the news from Reuters and IndexUniverse.com.

For clients who are concerned about this, you can consult me on this matter. For most of my clients, most of your ETFs portfolio are "traditional" ETFs with minimal derivatives.

Comments

Add New RSS

Write comment
Name:
Email:	do not notifynotify
Website:
Title:
UBBCode:	-color-aquablackbluefuchsiagraygreenlimemaroonnavyolivepurpleredsilvertealwhiteyellow -size-tinysmallmediumlargehuge
	Please input the anti-spam code that you can read in the image.

Powered by !JoomlaComment 3.26

3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."