|
About Rogers TRAKRS Futures
Special Opening Procedures: November 2, 2005
Trading Begins on CME® Globex®: November 4, 2005 In November, CME will expand the TRAKRS (Total Return Asset Contracts) line of exchange-traded, non-traditional futures contracts by listing a new product: the Rogers International Commodity TRAKRS (Rogers TRAKRS). The Rogers TRAKRS is designed to provide customers with a cost-effective way to invest in the underlying basket of commodities tracked by the Rogers International Commodity Index. This basket is broad-based and includes commodities from around the globe, ranging from agricultural products (such as wheat, corn and cotton), to energy products (including crude oil, gasoline and natural gas), to metals and minerals (including gold, silver, aluminum and lead). The underlying index was developed by Jim Rogers to be an effective measure of the price action of raw materials on a worldwide basis. The broad-based representation of commodities contracts is intended to provide two important characteristics: - The large number of contracts and underlying raw materials represents diversification.
- Global coverage of those contracts reflects the current state of international trade and commerce.
An investment in the Rogers TRAKRS may help you to reduce overall volatility while providing the opportunity for profit, assuming the continued growth of the global economy and that such growth translates into higher prices for those commodities. The Rogers TRAKRS will trade on the CME Globex electronic trading platform starting November 4, 2005. Trading hours are Mondays through Fridays from 8:30 a.m. to 3:00 p.m. (all times are Chicago time). Special opening procedures begin November 2, 2005. About Jim Rogers Jim Rogers is an investor and well-known author of several books on investing. Rogers has been featured frequently in Time, The Washington Post, The New York Times, Barron's, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance.
|
