Comments on: InTrade daily prediction market wrapup http://www.midasoracle.org/2009/06/05/intrade-daily-prediction-market-wrapup/ Prediction Markets, etc. Thu, 02 Feb 2012 23:13:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike Linksvayer http://www.midasoracle.org/2009/06/05/intrade-daily-prediction-market-wrapup/#comment-24208 Mike Linksvayer Fri, 12 Jun 2009 18:43:46 +0000 http://www.midasoracle.org/?p=14429#comment-24208 Love the concept, well done for first episode, hope to see more. I agree with Jason. Actually, I've long wondered if for illiquid markets it doesn't make sense to always quote midpoint of bid/ask, as well as have charts over time reflect that, capturing changing sentiment of traders even when no trades take place. Is there a term for this other than "bid/ask avg"? And of course there are details -- should no bid or ask assume 0 and 100 respectively? Should last be taken into account with some kind of decay? Love the concept, well done for first episode, hope to see more.

I agree with Jason. Actually, I’ve long wondered if for illiquid markets it doesn’t make sense to always quote midpoint of bid/ask, as well as have charts over time reflect that, capturing changing sentiment of traders even when no trades take place. Is there a term for this other than “bid/ask avg”? And of course there are details — should no bid or ask assume 0 and 100 respectively? Should last be taken into account with some kind of decay?

]]> By: Chris F. Masse http://www.midasoracle.org/2009/06/05/intrade-daily-prediction-market-wrapup/#comment-24192 Chris F. Masse Fri, 12 Jun 2009 07:07:18 +0000 http://www.midasoracle.org/?p=14429#comment-24192 I would quote the last price, too. I would quote the last price, too.

]]> By: Jason Ruspini http://www.midasoracle.org/2009/06/05/intrade-daily-prediction-market-wrapup/#comment-24190 Jason Ruspini Fri, 12 Jun 2009 00:51:29 +0000 http://www.midasoracle.org/?p=14429#comment-24190 Not sure why he quotes the last traded price when it is outside the current bid/offer. Not sure why he quotes the last traded price when it is outside the current bid/offer.

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