New York City, NY
Posts: 4 since Feb 2011
Thanks Given: 3
Thanks Received: 1
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If you have the patience to field a newbie question -- I was just wondering who are the big traders of BRN and why? Hedgers who can't get enough volume in CL or who are hedging particular exposure in Brent, big speculators who want more oil exposure, arbitrageurs, mostly Europeans, or other? And what is volume or general market size of BRN compared to CL? And why is CL more predominant than BRN (or is that just my limited exposure)?
Thanks for your thoughts.
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