Senator Coburn talked about West Texas intermediate. That contract has converged, and it has a different contract design than this contract.
Isn't the real reason that there is no problem with price convergence in Cushing, Oklahoma, is because if you have your name on that barrel ...
So it would seem to me that there is no question that there is a direct relationship of index funds and the long-held positions that would a...
But we do have more corn that is out there and more contracts, right?
That is a concern that I have because I think if we become too restrictive here, the invested capital goes somewhere else.
Do you think the double-down and double-up index funds that are double-hedged have any extra contribution to some of the phenomenon we have ...
Well, but they do sell. They just roll.
So who makes the money off that?
If you do all those things, won't this money go to an overseas market?
But there is some risk?
What do you attribute the tremendous increase in activity in index funds, especially as related to commodities?
So people are going to start loading out of CME to somewhere else in the world if it is not fixed?
Do you think those have any impact at all on price swings? Do you think the average investor who is being told to invest in an index fund ha...
The American consumer did not win, but the American farmer sure as heck did not win either.
OK. Does the higher volume generated by the commercial index traders actually increase liquidity or decrease liquidity, in your opinion?
So let me go to you, Mr. Strongin. Have I got this right, that I could actually buy an index fund, pay the storage cost, and net about 4 per...
Does everybody at the table agree that there needs to be changes in the contract on wheat?
So you think there is minimal risk for us of losing capital in this country by making these changes?
