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- Interview with Adam Lashinsky — [VIDEO]
- Why some people are more innovative — [VIDEO]
- Forbes editor deciphers Steve Jobs’s Apple. — [VIDEO]
- Jason Ruspini rebuts Eric Zitzewitz on the regulation of political prediction markets. — [COMMENT]
- Eric Zitzewitz petitions the CFTC in favor of real-money prediction markets about politics. — [TEXT]
- Global warming is a big scam. — [LINK]
- A Swarm of Nano Quadrotors — [VIDEO]
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- Mitt Romney’s taxes — [LINKS]
- A critique of Apple’s multimedia iBooks. — [LINK]
- Does Apple lack “generosity”? — [LINKS]
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- Water Crystals — [DOCUMENT]
- Apple’s e-book software will allow publishers to make textbooks more interactive. — [LINKS + VIDEO]
- Alain Soral is France’s most dangerous intellectual… (dangerous for the French plutocrats, that is). — [VIDEO]
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- NASA has finally understood the theorical basis of LENR (low-energy nuclear reactions). — [VIDEO]
Tag Archives: CME Group
One Wall Street / Chicago fanboy hopes that political prediction markets will soon be proposed by the established derivative exchanges, who work more professionally than InTrade (in his view).
Posted in Analysis (Industry), Exchanges & Markets
Tagged bet exchanges, betting exchanges, betting markets, Chicago Mercantile Exchange, CME Group, derivative exchanges, event derivative exchanges, event derivative markets, event derivatives, futures exchanges, InTrade, prediction exchanges, prediction markets
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Regulated U.S. election markets might not be so hard.
Based on the arguments Hedgestreet presented in its response to the CFTC on event markets, the exchange has a fairly strong justification to self-certify and begin trading election futures, soon. While most event markets trade as binary options, and the … Continue reading
Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Industry), Exchanges & Markets, Regulations
Tagged America, CFTC, Chicago Mercantile Echange, CME Group, event derivative markets, event derivatives, Federal Reserve System, HedgeStreet, law preemption, laws, political prediction markets, prediction markets, real-money prediction markets, Regulations, South Carolina, United States, United States Of America, USA
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Why Robin Hanson is right to freak out about the upcoming CFTC ruling on “event markets” (prediction markets)
Robin Hanson is trembling in his pants: Coming soon after speculators were blamed for rising commodity prices, I fear this is bad news for hopes for legal prediction markets anytime soon. – The CFTC decisions are politically sensible in 4 … Continue reading
Posted in Analysis (Industry), Regulations
Tagged BetFair, CFTC, CME Group, event derivative markets, event derivatives, insider trading, laws, Orange, particular presidential candidate, Politics, prediction markets, President, real-money prediction markets, Regulations, Robin Hanson, Sports, terrorism, Tom W. Bell, United States
1 Comment
InTrade CEO John Delaney’s comment to the CFTC about “event markets” (prediction markets) was so good that even a BetFair shareholder loved it.
Sean Park (who invested in Betfair at inception): [...] I was heartened to read John Delaney’s (InTrade CEO) contribution [...]. I would certainly have endorsed this contribution – well crafted, robust, articulate and (imo) stating the blindingly obvious [...]. – … Continue reading
Posted in Analysis (Industry), Exchanges & Markets, Regulations
Tagged CEO, CFTC, CME Group, event derivative exchanges, event derivative markets, event derivatives, evet derivatives, InTrade, InTrade CEO, John Delaney, laws, prediction exchanges, prediction markets, real-money prediction markets, Regulations, Sean Park, traded bets, United States
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“In its upcoming proceedings, therefore, the CFTC should exempt prediction markets from regulations that would prevent them from flourishing, like requiring that such shares be traded on designated commodity exchanges.”
… wrote that academic guy in the Wall Street Journal. But he doesn’t mention that HedgeStreet and the Chicago Mercantile Exchange (and the CBOT) are all for the “excluded commodities” and the “Designated Contract Makers” way. – Honesty and fairness, … Continue reading
Posted in Analysis (Industry), Regulations
Tagged CFTC, Chicago Mercantile Exchange, CME Group, event derivative exchanges, event derivative markets, event derivatives, evet derivatives, HedgeStreet, Ivory Tower, laws, prediction exchanges, prediction markets, real-money prediction markets, Regulations, The Wall Street Journal, traded bets, Wall Street Journal
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I come in agreement with the Chicago Mercantile Exchange’s comment to the CFTC.
I read it very quickly, and I agree with what they say —except the last section which I don’t get. I’ll tell you more tomorrow. CME Group – (PDF file) – CME’s comment is not far away from HedgeStreet’s take, … Continue reading
The last comments are up on the CFTC website, finally.
Thanks to Jason Ruspini for alerting me. I’ll analyze all this tomorrow. I was off this afternoon. – InTrade – (PDF file) Robin Hanson – (PDF file) Tom W. Bell et al. – (PDF file) Tom W. Bell – (PDF … Continue reading
A second look at HedgeStreet’s comment to the CFTC about “event markets”
Other than the ISDA (which is an association of operators who do not trade on regulated derivative exchanges), HedgeStreet (a non-intermediated DCM) was the first representative of the regulated derivative exchange community to submit a comment to the CFTC. — … Continue reading
Posted in Analysis (Industry), Regulations
Tagged CFTC, CME Group, Democratic president, event contracts, event derivative markets, event derivatives, event markets, first representative, HedgeStreet, Jason Ruspini, laws, oil industry, prediction exchanges, prediction markets, Regulations, Republican President, Vernon Smith
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Will HedgeStreet USA, the hypothetical InTrade USA, and the hypothetical TradeFair USA, be regulated in the future by a merged SEC+CFTC regulatory structure?
That sounds like a good prediction market proposal. – As you all know: The SEC regulates the securities markets (which support capital formation). The CFTC regulates the futures markets (which exist to discover prices). The SEC is rules based, meaning … Continue reading
Posted in Analysis (Market Proposals), Exchanges & Markets, Finance, Regulations
Tagged Acting Chairman, CFTC, CFTC Acting Chairman Walt Lukken Regarding Department, Chicago Tribune, CME Group, Commodity Futures Trading Commission, Congress, D.C., Department of the Treasury, good government solutions, hybrid products, Jason Ruspini, merger, Paulson, SEC, Secretary, Securities and Exchange Commission, The Wall Street Journal, U.S. Department, United States, US Treasury, USD, Walt Lukken, Washington
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CME Group = Chicago Mercantile Exchange + Chicago Board Of Trade
New website: CME Group –> On Thursday, they sent out an e-mail to everybody saying that the two legacy websites will be closed just after the launch of the new website —that is, this Saturday, January 19, 2008. –> Then, … Continue reading