IEM Compared to Other Futures Markets
Bookmark & ShareDecember 1, 2002
In an article about commercial internet based futures exchanges, the well-known Iowa Electronic Markets run by the UNIVERSITY OF IOWA are noted. The IEM, which provides markets for outcomes of political elections, does so in the context of educating the university's student body. A profit-seeking venture called Tradesports, which offers forward contracts on the outcome of sporting events and political events, charges four cents for each matched order.
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