Recent content by Delboy007

Ok. Many thanks. Is there anything I should be particularly aware of if using this product? Is it a decent product for a beginner to use? What is the likely relationship between the nominal index and the spot price of oil? Say price of the EFT is 2000 when brent crude spot is c. $50. If i...

It is "ETC Crude Oil (Dec - 09)" from IG Index. No other details or branding. Value is c. 2,000 at present. Any ideas?

Hi, I am considering placing a spread bet on a brent crude exchange traded fund with IG index. The bet is due to expire in December this year. I would like to know whether my position will be affected by contango / backwardation? My understanding is that if I bought an ETF (rather than simpy...