Direxion Introduces Four New Leveraged ETFs
Direxion, the ETF issuer known for its bull and bear leveraged funds, has just launched another four ETFs with double exposure. The new ETFs will provide long and short access to both the retail and natural gas industries. The following are the four recently launched funds: 1. Direxion Daily Retail Bull 2X Shares (RETL) 2. [...]
Natural Gas ETFs Heating Up
The disaster in the Gulf of Mexico has taken a toll on oil prices. With uncertainty surrounding the future of oil, investors have noticed that natural gas ETFs are gathering steam. U.S. Natural Gas ETF (UNG: Profile, Quote, Advanced Chart, News) and the First Trust ISE Revere Natural Gas ETF (FCG: Profile, Quote, Advanced Chart, [...]
Oil ETF Investors Can Pump Another Option
United States Commodity funds, the ETF sponsor best known for its United States Oil Fund (USO: Quote, Profile, Advanced Chart, News) and United States Natural Gas Fund (UNG: Quote, Profile, Advanced Chart, News), today launched another fund to track Brent oil prices. The new fund, the United States Brent Oil Fund (BNO), will track the [...]
Major Option Bets Made on UNG
United States Natural Gas Fund (UNG: Quote, Profile, Advanced Chart, News) has been staying out of the spotlight since it traded at a double-digit premium last year. However, big players in the option market are ready to bring UNG back from the dead. According to Schaeffer’s Research, the United States Natural Gas Fund has breached [...]
ETFSecurites Files to Grow Platinum and Palladium Funds
ETFSecurities’ trip across the Atlantic and into American markets has proven to be a great success. The company has filed to grow its platinum and palladium ETFs with the issuance of new shares ahead of increasing investment demand. ETFSecurities will issue 6,440,000 new shares for the ETFS Physical Platinum Shares (PPLT: Quote, Profile, Advanced Chart, [...]
New CTFC Proposals Dim Energy ETFs with Regulations
Following record high energy prices in 2008, the CTFC has proposed new regulations which would seek to curb the total outstanding positions held by commodity ETFs. The regulations, known as the Proposed Position Limit Rule, would restrict ETF ownership of four energy commodities, including natural gas, crude oil, heating oil, and gasoline blendstock. The rule [...]
US Commodity Funds Look for Active Diversification
U.S. Commodity Funds has chosen the actively-managed route with a new diversified commodity ETF. The company, which owns two popular energy ETFs, the United States Oil Fund (USO: Quote, Profile, Advanced Chart, News) and the United States Natural Gas Fund (UNG: Quote, Profile, Advanced Chart, News), will offer investors the ability to track commodities on [...]
United Natural Gas Fund Uncovers New Investment Frontiers
New regulations placed on the size of institutional investments in commodities have forced many commodity funds to shrink or close their doors. United Natural Gas Fund (UNG: Quote, Profile, Advanced Chart, News), however, is seeking to court new regulations by finding new natural gas derivative investments to back its $4 billion fund. The new possible [...]
Jefferies Hopes to Strike it Rich with Wildcatting ETF
Jefferies has filed with the SEC to create two new funds in the natural gas industry. One of the funds is unique to Wall Street, offering investors the chance to invest in companies that may strike it rich with lucrative natural gas and oil field findings. The two new funds, which will be created in [...]
New Legislative Bill Could Shrink Commodity ETF Industry
A new bill floating through Congress would give the CTFC new regulatory authority in derivatives and swap agreements that would effectively bring all commodity and ETNs under the CTFC’s jurisdiction. The bill was drawn up in the House Financial Services committee by Chairman Barney Frank. The CTFC will have direct oversight in the derivatives market, [...]
