Effective June 20, 2005, the
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Tuesday, May 10, 2005
REUTERS AND JEFFERIES ANNOUNCE SIGNIFICANT UPDATE TO CRB INDEX
Effective June 20, 2005, the
Index will undergo its tenth revision, amending its components to include three additional commodities (unleaded gasoline, aluminum and nickel) and remove one commodity (platinum). Component weightings will now take into account the relative significance and liquidity of the various commodities markets. In addition, the Index will rebalance its component weightings monthly and will derive its value from nearby futures prices.
Effective June 20, 2005, the
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