Comments on: Will the CFTC agree to license and regulate real-money Prediction Markets? http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/ Prediction Markets For All Fri, 21 Nov 2008 21:30:27 +0000 http://wordpress.org/?v=2.6.3 By: Grave problem with MSR that Robin Hanson and/or exchange executives should address | Midas Oracle .ORG http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19633 Grave problem with MSR that Robin Hanson and/or exchange executives should address | Midas Oracle .ORG Sun, 29 Jun 2008 09:16:03 +0000 http://www.midasoracle.org/?p=7367#comment-19633 [...] When there’s little trades (in this case, only 3), the last price/probability is too much dependent on the initial price set up by the exchange manager. [...] [...] When there’s little trades (in this case, only 3), the last price/probability is too much dependent on the initial price set up by the exchange manager. [...]

]]> By: Chris F. Masse http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19630 Chris F. Masse Sun, 29 Jun 2008 08:56:49 +0000 http://www.midasoracle.org/?p=7367#comment-19630 @Nigel Eccles: "Exempting" is in between "licensing" and "outlawing". - It's in between. @Nigel Eccles: “Exempting” is in between “licensing” and “outlawing”.
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It’s in between.

]]> By: “Chris, I wanted to make a comment on Midas Oracle, but the anti-spam mechanism ate my comment.” | Midas Oracle .ORG http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19628 “Chris, I wanted to make a comment on Midas Oracle, but the anti-spam mechanism ate my comment.” | Midas Oracle .ORG Sun, 29 Jun 2008 08:55:16 +0000 http://www.midasoracle.org/?p=7367#comment-19628 [...] for that, [...] [...] for that, [...]

]]> By: Chris F. Masse http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19626 Chris F. Masse Sun, 29 Jun 2008 08:27:29 +0000 http://www.midasoracle.org/?p=7367#comment-19626 @Nigel Eccles: "OK - Wordpress just killed my longer comment (grrr…)" - I use WP Spam Free to protect the comments from spammers. http://www.hybrid6.com/webgeek/plugins/wp-spamfree - It's better to log in first before making a comment here. That way, you bypass the anti-spam tool. @Nigel Eccles: “OK - Wordpress just killed my longer comment (grrr…)”
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I use WP Spam Free to protect the comments from spammers.
http://www.hybrid6.com/webgeek/plugins/wp-spamfree
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It’s better to log in first before making a comment here. That way, you bypass the anti-spam tool.

]]> By: Nigel Eccles http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19621 Nigel Eccles Sat, 28 Jun 2008 22:25:33 +0000 http://www.midasoracle.org/?p=7367#comment-19621 OK - Wordpress just killed my longer comment (grrr...) If it is unclear then we would escalate the question on settlement for discussion. If it is felt that there is no clear answer then it would be voided. OK - Wordpress just killed my longer comment (grrr…)

If it is unclear then we would escalate the question on settlement for discussion. If it is felt that there is no clear answer then it would be voided.

]]> By: Jason Ruspini http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19619 Jason Ruspini Sat, 28 Jun 2008 22:08:46 +0000 http://www.midasoracle.org/?p=7367#comment-19619 The question is muddy.  With the payroll futures, I meant that those markets are arguably sufficient to already expire the contract at 100. Otherwise, I might change my opinion about exemptions and the contract. The contract's initial price was low, not 50%. The question is muddy.  With the payroll futures, I meant that those markets are arguably sufficient to already expire the contract at 100. Otherwise, I might change my opinion about exemptions and the contract.

The contract’s initial price was low, not 50%.

]]> By: Chris F. Masse http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19617 Chris F. Masse Sat, 28 Jun 2008 20:48:54 +0000 http://www.midasoracle.org/?p=7367#comment-19617 @Jason Ruspini: U didn't answer the price issue. Something to hide? @Jason Ruspini: U didn’t answer the price issue. Something to hide?

]]> By: Chris F. Masse http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19616 Chris F. Masse Sat, 28 Jun 2008 20:42:10 +0000 http://www.midasoracle.org/?p=7367#comment-19616 @Jason Ruspini: "depending on how the exemption is worded" - muddy - "The CFTC already regulates event contracts in the form of payroll futures" - not an exemption @Jason Ruspini: “depending on how the exemption is worded”
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muddy
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“The CFTC already regulates event contracts in the form of payroll futures”
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not an exemption

]]> By: Jason Ruspini http://www.midasoracle.org/2008/06/28/cftc-license-and-regulate/#comment-19615 Jason Ruspini Sat, 28 Jun 2008 20:28:53 +0000 http://www.midasoracle.org/?p=7367#comment-19615 Yes, and depending on how the exemption is worded, it might or might not be sufficient to expire the contract at 100.  The CFTC already regulates event contracts in the form of payroll futures though! Yes, and depending on how the exemption is worded, it might or might not be sufficient to expire the contract at 100.  The CFTC already regulates event contracts in the form of payroll futures though!

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