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 05-196.pdf ).
I don't see how it is "innovative" when Economic Numbers has already been traded elsewhere.
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 05-196.pdf ).
I don't see how it is "innovative" when Economic Numbers has already been traded elsewhere.