So it would seem to me that there is no question that there is a direct relationship of index funds and the long-held po...
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...
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, ...
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,...
Does everybody at the table agree that there needs to be changes in the contract on wheat?
Isn't the real reason that there is no problem with price convergence in Cushing, Oklahoma, is because if you have your ...
Senator Coburn talked about West Texas intermediate. That contract has converged, and it has a different contract design...
I want to thank you for calling this important hearing.
Our report, which was issued by myself and Senator Coburn last month, concludes that the huge number of wheat futures co...
So you think there is minimal risk for us of losing capital in this country by making these changes?
Yes. OK.
That is why we see China doing what they are doing.
I am not sure many people recognize that as a legitimate economic policy.
It is not really good for your business in the long term, is it?