CME Auction Markets

This is a discussion on CME Auction Markets within the Futures & Options forums, part of the Markets category; Is anyone trading the CME Auction Markets? CME has a guide to its Economic Derivatives. There is reference to "Binary ...

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Old Oct 12, 2005, 2:20pm   #1
 
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CME Auction Markets

Is anyone trading the CME Auction Markets?

CME has a guide to its Economic Derivatives. There is reference to "Binary Options" ( http://www.cme.com/files/EconDerivIntro.pdf ).

There is also reference to the Auction Markets as "an innovative new set of risk management products" (http://www.cme.com/files/Chadv%2005-196.pdf ).

I don't see how it is "innovative" when Economic Numbers has already been traded elsewhere.
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