CME Group to Launch First-Ever Water Futures Based on Nasdaq Veles California Water Index

CHICAGO and NEW YORK, Sept. 17, 2020 (GLOBE NEWSWIRE) -- CME Group, the world's leading and most diverse derivatives marketplace, and Nasdaq, a global technology company serving the capital markets and other industries, today announced plans for a new futures contract on the Nasdaq Veles California Water Index (NQH2O). CME Group will launch its new Nasdaq Veles California Water Index futures contract in late Q4, pending regulatory review.

CME Group to Launch First-Ever Water Futures Based on Nasdaq Veles California Water Index

Yes you read it right Water can be now speculated on it ! This is wrong and like any other comodities on the exchange it will drive the price up . We are going to pay realy high the price of this error !

a reply to: Dolby_X

socialist superstar California!

Great job!

a reply to: Dolby_X

California.
There will soon be plenty of Liberal tears to desalinate.
BUY water low in November.

originally posted by: IAMTAT
a reply to: Dolby_X

California.
There will soon be plenty of Liberal tears to desalinate.
BUY water low in November.

Yes, watch the water... on the index.

Water futures...
Do you guys remember the head of nestle his name is Paul something the head of nestle says whoever buys up the water should get it all and that is not a right for the public .

Oh the timing right here at the end of the USA fiscal year.

Right here at the death of the Comex due to the criminal derivative Exchange.

The new exchange is coming online on Monday..MEMEX which is all of the old big derivative Bank criminals starting up their own Exchange

a reply to: Dolby_X

Can you explain how listing a commodity on a futures index results in higher prices for the underlying commodity?

With precious metals I think the paper price is actually suppressed rather than inflated (?)

Thanks in advance

a reply to: Dolby_X

Obama had been selling water from the Great Lakes to China.

Great Lakes Water To Be Sold To China As Half Of U.S. Faces Extreme Water Crisis

alexanderhiggins.com...

originally posted by: Fools
socialist superstar California!

Great job!

Err, selling futures is socialist? Sounds pretty capitalist to me.

Ok, I don't even understand all of it, but I know this:

We need water to survive.
The earth provides us with water.
It should not be owned by anyone.

I've already been fighting with Nestle here in MI for their bottling and the rates at which they do this.

This is not going to lead anywhere we want to go.

I'm glad I'm half way dead.

This is evil, I want a wall, and F Nestle, who have carte blanche to take water..for nothing!

Yea something about this smells, what's next? air/oxygen futures?

a reply to: AugustusMasonicus

That was kind of the point of my joke.