Forex | Forex Strategies | Daily Oil Prices - Oil Trading Analysis (04/09/2009 07:06:30)

Daily Oil Prices - Oil Trading Analysis

According to the FT perplexity as to why Deutsche Bank decided to close it popular double long exchange traded notes continues as it was a relatively simply way for ordinary investors to bet on crude oil prices going up, while using leverage to double returns.  Deutsche hedged risks from the double long product by buying oil futures on Nymex but said it was scrapping the product because of "limitations imposed" by Nymex.   The Bank's holdings were in crude oil for July 2010


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