Do you believe that the dramatic increase in commodity indexed trading and the futures which are purchased to hedge against a risk, has played a significant role in the failure of convergence?
Carl Levin: “Do you believe that the dramatic increase in commodity indexed trading and the futures which are purchased to hedge…”
Editor's note · Context
Levin questions the impact of commodity trading on market convergence issues.
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I claim the time in opposition to this amendment. The Acting CHAIR. The gentleman is recognized for 5 minutes.
May I inquire how much time I have remaining. The Acting CHAIR. The gentleman from Michigan has 45 seconds remaining.





