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James Cordier, president of Tampa-based OptionSellers.com, apologized in a video after bad bets on oil and natural gas wiped out client investments. Losses could total more than $150m according to a lawyer representing clients.
The fund collapse is a financial story about energy volatility and does not itself change feed grain supply or demand, so its effect on commodity prices is minimal.
bbc.co.ukNov 21, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
