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CFTC: For the week ended Nov 3, managed-money increased net-long positions in CME S&P 500 futures by 55 contracts to 917,568 contracts.
Business & markets1 min read
According to a report from the Commodity Futures Trading Commission (CFTC), managed money increased their net-long positions in CME S&P 500 futures recently.
What was reported
For the week ended November 3, managed-money added 55 contracts to their positions.
The total net-long positions in CME S&P 500 futures reached 917,568 contracts.
Why it matters
Net-long positions indicate that investors are betting on the future increase in prices. Managed money refers to professional investment firms and hedge funds that actively manage hedge funds and investments in futures markets.
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Source & attribution
This article is presented by DailyMIQ. General educational context is DailyMIQ commentary.
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