Except for that stupid smirk, not terrible for my first t.v. appearance.
It’-s 23:45 minutes in, here.
Afterwards, I met some of the guys from CNBC’-s Fast Money, who were great. I wouldn’-t mind doing it again.
QMarkets CEO Noam Danon tells me that they have been working hard on their site. They are working with many companies that want to run enterprise prediction markets. Best wishes to qMarkets.
[Hey, I bet they run on Drupal.]
Previous blog posts by Chris F. Masse:
Listing of NewsFutures’- clients, here.
Congrats to Emile’-s team.
Author Profile -Editor and Publisher of Midas Oracle .ORG .NET .COM —- Chris Masse’-s mugshot —- Contact Chris Masse —- Chris Masse’-s LinkedIn profile —- Chris Masse’-s FaceBook profile —- Chris Masse’-s Google profile —- Sophia-Antipolis, France, E.U. Read more from this author…-
Jason Ruspini, interviewed by Bloomberg:
Taxes “-are the largest class of risk people don’-t hedge,”- said Jason Ruspini, a New York hedge fund analyst who established the market, which began trading last week. “-Hopefully this year, with this election, there will be kind of an increased interest in this kind of thing.”- […] “-If Democrats are perceived as having a greater chance to get in the White House these tax contracts will go up,”- said Ruspini, who declined to identify his employer because the market he created isn’-t related to it. “-If McCain is elected they won’-t go up as much.”- […] Right now, the market exists only for the top marginal income tax rate. Ruspini said he plans to have secondary markets based on Social Security taxes and whether Congress can restrain the alternative minimum tax from raising levies on tens of millions of households. […] “-This is such a young field at this point,”- Ruspini said. “-Ten years from now, it’-s going to be a huge market. Whenever you have a contract where there’-s a lot of hedging utility, that tends to be a successful contract in the long run.”- […]
Congrats to Jason.
Go read the whole piece.
Previously: Tax Futures, “In Real Life” – by Jason Ruspini
Thus, the Nokia executives are pretty secretive about it. Bad luck for them, there’-s a group blog on the Web that specializes on prediction markets and that digs deep. 
So, here’-s an inkling into Nokia’-s enterprise prediction markets. The material was gathered from the World-Wide Web.
Maximilian Kammerer (Nokia’-s Vice President CMO Global Customer Care) – (PDF file):
What technologies did you need for real-time information feedback among people working in 120 different countries?
KAMMERER: One sample element within the whole system is the Nokia Care Information Market. Like a stock exchange with a Web-based platform, people deal with information derivatives. They wager on the success of new strategies, innovations, solutions and projects. If their estimates change—the prices change. The price index creates an enormous transparency. The effectiveness of information markets relies on the fact that the collective intelligence is higher then every individual intelligence—even than that at management levels. Having understood that, our strategic decision-making is no longer purely based on historical data or expert opinions but on the intelligence of all concerned.
Translation: Nokia is embracing James Surowiscki’-s wisdom of crowds. It’-s my understanding that it’-s the first time that that is said publicly by Nokia.
Now, let’-s dig a bit. This interview was posted on the website of “-1492“-, a consulting firm from Austria. Now, the good question is…- Which prediction market firm does supply “-1492″- with software and advice (which are resold to Nokia)? Suspense, suspense.
ANSWER: GEXID
Congrats to them.
As everybody knows in the field, prediction market firms very often have to sign NDAs before undertaking clients, which means that the public gets to know the names of those firms only when their clients allow this information to be published.
APPENDIX: Nokia is also listed as a client on Consensus Point’-s website.
Previous blog posts by Chris F. Masse:
Author Profile -Editor and Publisher of Midas Oracle .ORG .NET .COM —- Chris Masse’-s mugshot —- Contact Chris Masse —- Chris Masse’-s LinkedIn profile —- Chris Masse’-s FaceBook profile —- Chris Masse’-s Google profile —- Sophia-Antipolis, France, E.U. Read more from this author…-= like sausages
You don’-t really know what’-s inside.
The Numbers Guy
Author Profile -Editor and Publisher of Midas Oracle .ORG .NET .COM —- Chris Masse’-s mugshot —- Contact Chris Masse —- Chris Masse’-s LinkedIn profile —- Chris Masse’-s FaceBook profile —- Chris Masse’-s Google profile —- Sophia-Antipolis, France, E.U. Read more from this author…-
Author Profile -Editor and Publisher of Midas Oracle .ORG .NET .COM —- Chris Masse’-s mugshot —- Contact Chris Masse —- Chris Masse’-s LinkedIn profile —- Chris Masse’-s FaceBook profile —- Chris Masse’-s Google profile —- Sophia-Antipolis, France, E.U. Read more from this author…-
Sports Derivative Forum – “-Where sports fans and derivative investors come together”-
I like the sub-title. It is now in the list of external web links.
By the way, thanks to all who have submitted link suggestions.
Read the previous blog posts by Chris F. Masse: