The glut increases liquidity. Liquidity enhances optionality. Optionality creates value. Don't stymie this salutary development. Go with it. It will pay off in both the short term and the long term. Craig Pirrong More Quotes by Craig Pirrong More Quotes From Craig Pirrong I would surmise that in say five years there will be robust derivatives markets in LNG. Craig Pirrong company-news This is an egregious kind of violation. Craig Pirrong energy It's usually a broker that does this. I really can't recall any cases where someone trading on behalf of the firm would do that against the interest of his firm. Craig Pirrong energy Once they (the CBOT and the CME) realized the future was electronic, they made the change to a for-profit ownership and public ownership, the electronic revolution essentially forced the change in organizational form on these exchanges. Craig Pirrong company-news There will be a lot of sound and fury, but it won't amount to much in the long term. Craig Pirrong business In some ways, this is fighting last year's war. Craig Pirrong business
