The objective of each index in the series is to provide investors with exposure to the price difference between Sub-Indices, and in turn, the underlying futures contracts
All the underlying Indices are rolling Indices, each of which rolls on a daily basis according to a pre-determined schedule that has the effect of keeping constant the weighted average maturity of the underlying futures contracts
The European style options contracts will expire three business days prior to the expiration of the underlying futures contracts
Teucrium designs investment vehicles that include transparency via the intraday indicative value (IIV), a publicly published valuation of the fund's holdings provided by the NYSE, updated every 15 seconds as the underlying futures contracts
trade throughout the day.
00045 or less Position Limits A person owning/controlling a combination of options and Accountability: underlying futures contracts
that exceed 10,000 futures- equivalent contracts net on the same side of the market in all contract months combined shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position.
Adjusted Margin is a financial measure intended to approximate the margin results that would have been reported in a particular period had the Company's underlying futures contracts related to its fixed price and price cap contracts qualified for hedge accounting under SFAS No.
From time to time in the past, Clean Energy has sold these underlying futures contracts when it believed natural gas prices were going to fall.
Adjusted Margin attempts to approximate the results that would have been reported if the underlying futures contracts related to its fixed price and price cap contracts that were sold would have qualified for hedge accounting under SFAS No.
However, from time to time, Clean Energy has sold these underlying futures contracts
when it believed natural gas prices were going to fall.