IEM Is Now Open
Bookmark & ShareFebruary 28, 2003
Source: Minnesota Public Radio
The Iowa Electronic Markets are now open. It's a real-money futures market for presidential candidates, among other things. The price of the candidate predicts the outcome of a race. The IEM has been very accurate in this regard. TOM RIETZ, associate professor of finance at the Tippie College of Business at the UI and IEM co-director, explained how traders can buy contracts for candidates in the market for the Democratic nomination for President.
Contact: Tom Rietz, ,
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