Commodity Trade Mantra
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Posts Tagged ‘Exchange Traded Fund’

UK Gold Exports Were Twice The ETF Selling in 2013

The flow of gold from the UK to Asia via Switzerland was a defining feature of the gold market in 2013. UK Gold Exports in 2013 were nearly double the volume of exchange-traded fund liquidation. Compared with 160 tonnes in 2012, exports of physical gold bullion totaled 1,739 tonnes last year.

World's One-Time Largest FX Hedge Fund On Verge Of Shutdown

FX Concepts, founded in 1981 and which once upon a time was the world’s largest FX hedge fund, is in dangerous territory after the departure of several major clients and falling assets under management as a result of a surge in redemptions.

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