Tag Archives: exchange manager

Grave problem with MSR that Robin Hanson and/or exchange executives should address

Posted on June 29, 2008 by Chris F. Masse

When there’re few trades (in this case, only 3), the last price/probability is too much dependent on the initial price set up by the exchange manager. – Nigel, you f***ed it up. I want your apology letter posted on Midas … Continue reading →

Posted in Exchange & Market Designs, Exchanges & Markets, Market Prices & Probabilities, Mechanism Designs | Tagged CFTC, exchange manager, HubDub, market scoring rule, Market Scoring Rules, MSR, prediction markets, Robin Hanson | 1 Comment

InTrade-TradeSports are fucking up contracts, once again.

Posted on January 2, 2008 by Chris F. Masse

Once again. I have been inundated with complaints from InTrade traders, since Christmas. Here’s the problem. InTrade traders tell me that the expiration dates for the Bloomberg and Gore announcement contracts have been extended —at InTrade’s whim. The contract statements, … Continue reading →

Posted in Analysis (Industry), Exchanges & Markets, Market Contract Statements, Market Expiry, Market Prices & Probabilities | Tagged 2008 US elections, 2008 US presidential elections, Al Gore, Bloomberg, Carl Wolfenden, Christmas, contracts, date, Dublin, Dublin's main street, exchange manager, independent candidate, InTrade, Manager Intrade Exchange Operations, Market Expiry, mayor, media sources, Michael Bloomberg, New York, Politics, prediction markets, President, Trader, United States, US elections, US politics, USD, Wall Street Journal | Leave a comment

Inklingâ€™s Dead Radiohead Market

Posted on November 29, 2007 by Michael Giberson

Radioheadâ€™s pick-your-own-price experiment, industry redefining move, publicity stunt for their album â€œIn Rainbowsâ€ has had its 15 days or so of fame. Is there anybody out there still caring? Maybe not. In fact, judging by Inklingâ€™s own Radiohead prediction market, … Continue reading →

Posted in All Guest Authors's Posts, Cases, Exchanges & Markets, Market Liquidity, Market Prices & Probabilities | Tagged Caveat Bettor, exchange manager, Global warming market, In Rainbows, Inkling, inkling markets, manager, prediction markets, pretty good marketing tool, Radiohead, Trader, USD | 4 Comments

Any trader who is riding a winning position for the past few months has to hold it to expiry now or else pay 4% to take profit on his OLD position, which was clearly not written into the contract when he PUT THE POSITION ON. No exchange governed by U.S. law could ever get away with this without being sued into oblivion.

Posted on June 29, 2007 by Guest Author

ttp://forum.tradesports.com/eve/forums/a/tpc/f/809603632/m/2611058432 Helpdesk: Hello. How may I help you? you: When I look at the rules/fees tab for a specific long-term contract, it says the fees are 4% of profit you: but this contract was open before 27/6 you: The new … Continue reading →

Posted in All Guest Authors's Posts, Exchanges & Markets, Internet Marketing - Internet Commerce, Market Transaction Costs | Tagged exchange manager, forward, manager at the e-mail above, Many, site operator, Trader, trading manager, United States | Leave a comment

What does the TradeSports/InTrade “split” really amount to?

Posted on March 6, 2007 by Guest Author

TradeSports has been incorporated as a separate company in the Netherlands Antilles, while Intrade remains incorporated in Ireland, and they have split up the trading categories across the two websites. However, this looks sort of like a BetCRIS/BookMaker split, with … Continue reading →

Posted in All Guest Authors's Posts, Analysis (Industry), Ethics, Exchanges & Markets, Regulations | Tagged 866-303-1927, 866-303-1929, Acting Exchange Manager, Beckett Way Parkwest Business Park, Brian Keating, Carl Wolfenden, CEO, Chief Executive Officer, Chief Financial Officer, chief technology officer, Ed Lenox, exchange manager, exchange products, Exempt Board of Trade, Insurance, InTrade, Ireland, John Delaney, Manager - Compliance, Matt Bonner, Mike Knesevich, Netherlands Antilles, prediction markets, Seamus Rohan, Sinead Kelliher, The Netherlands Antilles, Trade Exchange Network Limited | 5 Comments

Red Monitor’s marketing

Posted on December 7, 2006 by Chris F. Masse

Red Monitor CEO Hubertus Hofkirchner has posted two comments on my previous blog post. What strikes me is that this exchange manager focuses his discourse on market design. It’s an important element, granted. However, for a real-money prediction exchange starting … Continue reading →

Posted in Analysis (Industry), Exchanges & Markets, Internet Marketing - Internet Commerce | Tagged exchange manager, Hubertus Hofkirchner, marketing Red Monitor CEO, Trader | Leave a comment

BetFair’s Annual Review 2006: How did the world’s #1 real-money prediction exchange (betting exchange) fare in 2005/2006?

Posted on October 12, 2006 by Chris F. Masse

Pretty good, thank you. British betting expert Niall O’Connor reports that “Betfair has announced that during the year to 30 April 2006, it recorded year-on-year revenue growth of 35 per cent to Â£144.7 million, with profits before tax up to … Continue reading →

Posted in Business, Exchanges & Markets | Tagged Australia, Belgian Football Association, BetFair, BetFair Exchange Games, British Darts Organisation, Denmark, exchange manager, exchange-enabled products, FIFA, football, GBP, International Tennis Federation, London, Malta, manager, New York Times, Niall O'Connor, North London, Paul Tetlock, prediction markets, Racing Services Tasmania, Racing Victoria Limited, Robert Hahn, Rugby Football Union, sports bodies, stay, tennis, trading technology, United Kingdom, United States, Women's Tennis Association, World Cup | Leave a comment