It's around 3pm NY time. It's up like 1.6% on the day. I checked DXZ9 and the dollar's actually pretty flat today. What gives?
http://finance.yahoo.com/news/DB-Commodity-Services-Files-bw-1473483560.html?x=0&.v=1 No new shares being created until their SEC filing goes through for 100 million more. This is similar (but not exactly the same) as what happened to UNG. Any ideas on how long an ETF share creation filing takes to get through the SEC? When it does, I'd expect the premium to collapse.
The premium collapse is exactly what happened with UNG once the new shares were allowed. Surely the sheep have a memory. :eek: