EC Nebraska | thereaper - 1/25/2021 21:13
Umm not really. Etol futures are junk are incredibly illiquid and track physically traded prices horribly. Most of the buyers of etol buy on basis and want to index against a multitude of energy products that are priced at shipment and not always the same products.
It could be done but would be incredibly costly and insanely complex to replicate. This would make it inefficient and difficult to make feasible in a real world scenario.
Thanks for posting that, I had been wondering how well they could hedge product. Apparently, not very well. |
Correct me if I’m wrong
