UNG is implemented via futures. They announce roll dates every month http://www.unitedstatesnaturalgasfund.com/ung-rolldates.php and the futures traders definitely arb the fund's roll.
UNG is implemented via futures. They announce roll dates every month http://www.unitedstatesnaturalgasfund.com/ung-rolldates.php and the futures traders definitely arb the fund's roll.