Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Russell Andersson

“Building an exchange is challenging. Be patient. It is complex. It will take time. The retail derivatives market has a huge future.”

Who said that? Russell Andersson of HedgeStreet… and just two months later HedgeStreet did belly up. So I can safely publish the fact that Russell Andersson is not a seer —without risking any “class-action” defamation suit.

From Deep Throat, we learned that Russell Andersson was laid off by HedgeStreet at the beginning of the [...]

Does Russell Andersson misrepresent himself on LinkedIn?

His LinkedIn profile describes him as “currently” holding a VP position at HedgeStreet:

-
Reality Check:
- The “management team” page of the HedgeStreet website lists Yossi Beinart (President and CEO), Peter C. Lee (COO), and Timothy McDermott (General Counsel).
- The “board of directors” page of the HedgeStreet website lists Yossi Beinart (President and CEO), Peter Hetherington (Director) [...]

Did Midas Oracle (re)-publish the picture of Russell Andersson without Russell Andersson’s express “consent”?

Yes —here is the post that I published in May 2007. As you can see if you click on the link, the content of that post is rather positive for mister Russell Andersson, since I called him the “brain” behind HedgeStreet. However, when Russell Andersson first spotted his photo on Midas Oracle, the trauma was [...]

Derivatives, Binaries, Futures, or… Prediction Markets?

Jason Ruspini, mister the VP, how would you explain to the Midas Oracle readers the difference between “binaries” and “futures” (a la HedgeStreet, circa Russell Andersson)? Does that vocabulary (still) make sense? Would it be better for them to switch to the “prediction markets” vocabulary, now that this is more prevalent in modern-days media articles, [...]

How will AMEX avoid the fate of HedgeStreet, an exchange with similar products?

Asks Mark Longo.
But did that same Mark Longo ask the hard questions to HedgeStreet’s Russell Andersson, when he interviewed him in the Summer of 2007, two months before the HedgeSteet immolation? Of course, not.

Building an exchange is challenging. Be patient. It is complex. It will take time. The retail derivatives market has a huge future.

…pleaded [...]

Russell Andersson, Chief Operating Officer: Third Ave Beach

Do you, guys/gals, have any information about him?

Building an exchange is challenging. Be patient. It is complex. It will take time. The retail derivatives market has a huge future.

Who said that? Russell Andersson of Hedgestreet… and two months later HedgeStreet did belly up. What a joke.

Is it the end for US-based betting exchange HedgeStreet?

Is HedgeStreet closing shop?
Yesterday, I re-published on Midas Oracle the e-mail sent to the HedgeStreet traders and prospects. (Curiously, this e-mail was not sent to me, even though I am in their listing.) They wrote that their overhauling would lead them to propose soon “new and exciting products”. Well, I found that interesting.
However, today, one [...]

Does thinly-traded HedgeStreet have a future?

The Options Insider (streamlined audio on the site – MP3 file):
Mark Longo chats with Russell Andersson, co-founder of the on-line derivatives exchange HedgeStreet.
Excerpt from my transcript of the Russell Andersson interview: “Building an exchange is challenging.” Be patient. It is complex. “It will take time.” The retail derivatives market has a huge future.
Previous: PODCAST INTERVIEW: [...]

PODCAST INTERVIEW: Russell Andersson of HedgeStreet

The Options Insider (streamlined audio on the site – MP3 file):
Mark Longo chats with Russell Andersson, co-founder of the on-line derivatives exchange HedgeStreet.
- HedgeStreet’s Unique Approach To Binary Event Derivatives
- HedgeStreet’s Struggle To Overcome The Stigma of the DARPA Terrorism Futures Exchange
- Can HedgeStreet Avoid Offending Its Customers As It Expands Into Potentially Questionable New [...]

Search

Post Categories