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UNG to Reduce Certain Natural Gas Positions, Limit Future Size, NGI Reports

By Michael Mobley on July 31, 2009

DULLES, Va.–(BUSINESS WIRE)–As the Commodities Futures Trading Commission (CFTC) examines the possibility of imposing speculative position limits on “all commodities of finite supply,” the $4.4 billion United States Natural Gas Fund (UNG) moved to reduce its holdings of natural gas futures contracts and indicated that it may not continue to pursue its plans to expand [...]

Posted in Commodities Trading | Tagged commodities futures trading commission, NGI reports, UNG

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