Tag Archives: sports markets

CFTC regulation and election contracts

Insofar as event markets are within the CFTC’s jurisdiction, they would likely be approved as “excluded commodities”. Here is the relevant part of the definition within the Commodity Exchange Act: (iv) an occurrence, extent of an occurrence, or contingency (other … Continue reading

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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 bet-matching logic ???

While market design expert Chris Hibbert is puzzled by Niall O’Connor’s statement mentioning an automated trader, event derivative trader Ed Murray (who made a series of accusations against BetFair) has just written a comment bringing in some intriguing (but yet … Continue reading

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IG Group buys HedgeStreet for $6,000,000.

Just as predicted by our Deep Throat in early October 2007 —”They are packaging HedgeStreet for a closing/fire-sale.” RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately … Continue reading

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2005: TradeSports-InTrade’s Heyday

Price Discovery Among the Punters: Using New Financial Betting Markets to Predict Intraday Volatility – (PDF) – by Eric Zitzewitz – 2006-07-XX Eric Zitzewitz’s comment: Just to challenge a little the conventional wisdom that commercial prediction market exchanges need sports … Continue reading

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Trade Exchange Network Reorganizing

From the TradeSports site feed: Trade Exchange Network Reorganizing Thursday, Dec 21, 2006 Dublin, December 21, 2006: With effect from January 1st, 2007, Trade Exchange Network, owner and operator of TradeSports and Intrade, has agreed to divest its sports related … Continue reading

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EJSS: NewsFutures is a forecasting tool, attracting entertainment seekers.

Emile Servan-Schreiber comments my previous blog post: You forget a third category of stakeholders: the market onlookers. There’s a large number of people out there who enjoy access to the predictions but are not traders themselves. The onlookers may even … Continue reading

Posted in Analysis (Meta), Exchanges & Markets | Tagged , , , , , , | 3 Comments