The Outcome of Events: Mark Longo

The Outcome of Events: Mark Longo Traders Magazine, May, 2005 Discusses plans my Philadelphia Stock Exchange to allows trades in binary futures. Author things such markets may suffer from public relations problems, much as the "terrorism futures" market did Might be interesting to follow up and see what kinds of futures are being offered there now. The Phily has since merged with NASDAQ and the futures business has gone elsewhere. Betting on events as a hedging strategy for big money is very different from a PM for decision support. But there may be things to be learned from the rules and the structure. http://www.optionsclearing.com/about/publications/publication-listing.jsp 17137930