Optiver Charged In Commodity Futures Trading Commission Probe

Thursday, July 24th, 2008

Optiver and two subsidiary companies have been charged by the CFTC for their involvement in manipulating oil and other energy prices. The company's website states they offer a "broad range of arbitrage activities, which are becoming more and more sophisticated in form." It seems their "sophistication" has landed them in the ...

Posted in Futures and Commodities | No Comments »

Oil Hits New Record

Wednesday, April 16th, 2008

Oil set a new record at $114.54 per barrel. The main reason cited is that speculators are pouring money into commodities, due to the continued decline of the dollar. As the Euro continues to climb against the dollar, money keeps pouring into oil. According to Olivier Jakob, the trend ...

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