Markets took a beating Wednesday. This week, NYMEX Light Sweet Crude Oil futures fell below the $30 level and commodity-exposed names have been the wet dog in January.
At the cash close for oil futures at 2:30PM on Wednesday, there was a massive sell program running various stocks.
Sources participating actively in the oil trade, both physical trading and warehousing, tell Benzinga an unnamed fund forced by NYSE to liquidate at the 2:30 cash ...
/www.benzinga.com/analyst-ratings/analyst-color/16/01/6140714/did-a-huge-commodity-fund-blow-up-wednesday-afternoon alt=Did A Huge Commodity Fund Blow Up Wednesday Afternoon?>Full story available on Benzinga.com
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