ETFs is one of the new trading items in the ASX.
In particular the Oil ETF has ASX code OOO.
Question: Why is there only 7 trades on this today? Why such low volume. Can't figure this out.
I have been interested in ETF - and thought this may be a good time to buy oil - but is no one trading this on the ETF? Or am I reading something wrong.
By the way, the ASX has also recently got more commodity ETFs available. There is a list of a variety of ETFs at:
http://ozstock.blogspot.com.au/2009/11/etfs-buy-sell-indices-and-metals-on-asx.html
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