IG 11

November 26th, 2008 11:11 am | by John Jansen |

The last quote I have seen on the IG 11 is 236 1/2  / 239 1/2.  That is five tighter than the close.  The trader who sent that out thinks that the street has used the IG 11 as an hedging instrument and that lifting of those hedges has the power to tighten the IG 11 towards the 215 zone.

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