Leveraged Natural Gas ETFs Surge to Record Volumes
September 20th, 2009
(Bloomberg) — Two Canadian exchange-traded funds that aim to return double the performance of natural gas, both up and down, have reached record volumes as traders try to profit from the fuel’s volatility.
Volume in the Horizons BetaPro Nymex Natural Gas Bull Plus ETF reached a high on Sept. 16 of 23.6 million shares, and the Horizons BetaPro Nymex Natural Gas Bear Plus ETF set a record yesterday of 16.9 million shares traded.
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