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.
Senator Coburn talked about West Texas intermediate. That contract has converged, and it has a different contract design...
But we do have more corn that is out there and more contracts, right?
Isn't the real reason that there is no problem with price convergence in Cushing, Oklahoma, is because if you have your ...
That is a concern that I have because I think if we become too restrictive here, the invested capital goes somewhere els...
Do you think the double-down and double-up index funds that are double-hedged have any extra contribution to some of the...
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 delivery does have a lot to do with some of this lack of convergence?
What are the potential unintended consequences if you were to do that? Have you thought through that?
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?
