Merrill Lynch introduces biofuels indices

The bank says the MLCX Biofuels Index and the MLCX Biofuels Plus Index will offer greater liquidity, transparency and efficiency than financial instruments currently available.

According to the bank, investors seeking to profit from rapid expansion in the ethanol and biodiesel industries have until now recurred to traditional agricultural commodity indices or futures. Such instruments are vulnerable to very negative roll returns, or negative carry, due to the storage dynamics of the underlyi

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: