Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: retail users

Jason Ruspini will answer SOME of these CFTC questions. — 12 days left, Jason.

CFTC – (PDF file):
CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts
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V. Issues for Comment
A. Request for Comment
The following questions consider the Commission’s regulatory purview over event contracts, the interests that may appropriately underlie Commission-regulated transactions, and the appropriate regulatory treatment of event contracts. The Commission encourages comments on the specific questions posed, [...]

The lawyerly questions that the CFTC are asking to Tom W. Bell

CFTC – (PDF file):
CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts
-
V. Issues for Comment
A. Request for Comment
The following questions consider the Commission’s regulatory purview over event contracts, the interests that may appropriately underlie Commission-regulated transactions, and the appropriate regulatory treatment of event contracts. The Commission encourages comments on the specific questions posed, [...]

CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts

CFTC – (PDF file):
CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts
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SUMMARY:
The Commodity Futures Trading Commission (Commission or CFTC) is soliciting comment on the appropriate regulatory treatment of financial agreements offered by markets commonly referred to as event, prediction, or information markets. \1\ For ease of reference and to avoid classification issues, these [...]

Prediction markets are about lowering transaction costs. That’s how sports come in.

I found John Blank’s letter to the CFTC (discovered by Mike Giberson) as interesting as Vernon Smith’s one.
Here’s the PDF file —in case you missed it.
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I would like to focus on John Blank’s 3-point introduction. In short, he describes a modern world where both the derivative exchanges and the CFTC have to adapt to an [...]

Best Trading Interface? Here’s One Possibility.

Alex Kirtland is right on the money when he suggests equating prediction markets with a familiar concept like stock trading. This is often the easiest way to get new users up to speed.
Clearly, building a simple trading interface is critical for generating interest and liquidity among the masses. One area where simplicity is [...]

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