Tuesday, July 24, 2007

ETF Plans to Introduce Six Crude-Oil Exchange-Traded Securities in London

(Bloomberg) -- ETF Securities Ltd., a London-based
money manager, plans to introduce six securities that allow
investors to bet on changes in crude-oil prices further in the
future.

The securities, called exchange-traded commodities, will
track West Texas Intermediate and Brent futures contracts, the
benchmarks for the crude-oil markets, based on delivery dates
between one and three years ahead, ETF Securities said in an e-
mailed statement today.


Read more at Bloomberg Energy News

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