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‘So Unstable and So Volatile’: Oil Crash Crushes Individual Investors, Prompts Trading Overhaul

‘So Unstable and So Volatile’: Oil Crash Crushes Individual Investors, Prompts Trading Overhaul

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For decades, regular people didn’t trade commodities. But electronic trading and new investment products prompted amateur investors to start buying and selling oil.

When prices crashed in April, that foray turned into a disaster, spreading billions of dollars in losses to ordinary people. Many of them then missed out as oil surged in May and June, posting its best quarter in 30 years.

No…

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Oil Crash Crushes Individual Investors, Prompts Trading Overhaul For decades, regular people didn’t trade commodities. But electronic trading and new investment products prompted amateur investors to start buying and selling oil.