Hi everyone,
My first post & my first time ever in Commodities.
My question is ,yesterday I bought some crude oil (ETF's )
The stockbroker (barclays)showed a price of 1923.24 when I bought them but when I look on the LSE or Bloomburgs the prices are LSE $26.90 B\Burgs $28.74 ?
It has shown a drop of approx 9.14% according to the stockbroker ,oh well ?
I have an inkling that it maybe to do with the exchange rate £ to $ but I'm not to sure really,any help ,advice or scolding will be readily accepted.
many thanks
My first post & my first time ever in Commodities.
My question is ,yesterday I bought some crude oil (ETF's )
The stockbroker (barclays)showed a price of 1923.24 when I bought them but when I look on the LSE or Bloomburgs the prices are LSE $26.90 B\Burgs $28.74 ?
It has shown a drop of approx 9.14% according to the stockbroker ,oh well ?
I have an inkling that it maybe to do with the exchange rate £ to $ but I'm not to sure really,any help ,advice or scolding will be readily accepted.
many thanks
