Category Archives: Market Makers (Human)

Ex-HSX Max Keiser claims that InTrade’s Ron Paul prediction market is manipulated. — [VIDEO]

Posted in Analysis (Market Calls), Betting, Exchange & Market Management, Exchanges & Markets, Finance, Financial Markets, Market Makers (Human), Market Prices & Probabilities, News, Politics | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Speculating and hedging on BetFair’s sports prediction markets

The Galileo Fund will be doing just that. Jason Ruspini is next, I predict.

Posted in Exchanges & Markets, Finance, Financial Markets, Hedging & Insurance, Market Makers (Human) | Tagged , , , , , , , , , , , , | Leave a comment

Does InTrade participate on its 2012 Republication Nomination prediction markets?

A mysterious InTrade forum user (could be a trader or could be John Delaney) has posted this: ***** Newbie Joined: 24/01/2010 15:58:35 Messages: 1 Original thread at midasoracle.org: So the actor has to a) not care about the transaction fee … Continue reading

Posted in Exchange & Market Management, Exchange Liquidity, Exchanges & Markets, Market Liquidity, Market Makers (Automated), Market Makers (Human), Market Prices & Probabilities, Market Trading, Market Transaction Costs | Tagged , , , , , | 2 Comments

Does InTrade participate on its own prediction markets?

One (anonymous) InTrade trader: I am utterly convinced Intrade participates in its own markets. Every few hours some kind of API hits the bids on the GOP 2012 nomination contract when the bids sum to more 100. It will even … Continue reading

Posted in Exchange & Market Management, Exchange Liquidity, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading | Tagged , , , , , | 2 Comments

BetFair – Live Chat Session – Tuesday, January 27th, 2009

BetFair – Live Chat Session – Tuesday, January 27th, 2009 – [This link is only available to the BetFair registered users, alas. In the future, BetFair should make the transcripts of all chat sessions available to the public at large, … Continue reading

Posted in Analysis (Industry), Betting, Ethics, Exchange & Market Management, Exchanges & Markets, Explainers, Market Makers (Human), Market Transaction Costs, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment

CDA, MSR, the automated market makers, and the human market makers

Posted in Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Mechanism Designs, Midas Oracle Archives | Tagged , , , , , , , , , , , , | Leave a comment

Nigel Eccles (the CEO of HubDub) and Robin Hanson (the inventor of MSR) have some explaining to make about the extreme zigzagging of the Barack Obama event derivative (in blue on this static compound chart). Look at the right end of the chart.

- UPDATE: Nigel Eccles: There was a bug in that chart which is now fixed. However the excess volatility is still there. The problem is that our early markets were created with a liquidity parameter which was too low. That … Continue reading

Posted in All Best Posts Ever, Analysis (Data), Analysis (Meta), Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Prices & Probabilities, Mechanism Designs, Software | Tagged , , , , , , , , , , , , | 15 Comments

BetFair’s new bet-matching logic + BetFair Malta’s trading on the multiples

BetFair: Bet Matching Forum Q&A Session 19/03/08 Betfair Customer Services 17 Mar 11:50 As announced last week we’ll be hosting a Q&A session on the forum this Wednesday evening (19th March) between 6pm and 7pm (UK Time). The purpose of … Continue reading

Posted in All Best Posts Ever, Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

BetFair Malta’s combo market maker (trading algorithm + human market makers) operating on the multiples

Tony Clare of BetFair (The Sporting Exchange) to me: Dear Mr. Masse, Thank you for the questions you submitted to tonight’s Q&A session. The session is intended specifically to address questions from Betfair customers. We therefore don’t feel it would … Continue reading

Posted in All Best Posts Ever, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , | 12 Comments

Is the BetFair marketing message a big lie?

Rab Bibater’s comment on Midas Oracle: [...] BetFair needs to nip the current round of noise in the bud once and for all. It needs to clarify its own advertisements, in which it states that “Because you are betting against … Continue reading

Posted in Ethics, Exchanges & Markets, Internet Marketing - Internet Commerce, Market Makers (Automated), Market Makers (Human) | Tagged , , , , , , | 1 Comment