{"id":91,"date":"2005-10-17T16:17:06","date_gmt":"2005-10-18T00:17:06","guid":{"rendered":"https:\/\/bayesianinvestor.com\/blog\/index.php\/2005\/10\/17\/cftc-and-tradesports\/"},"modified":"2015-10-09T17:04:09","modified_gmt":"2015-10-10T01:04:09","slug":"cftc-and-tradesports","status":"publish","type":"post","link":"https:\/\/bayesianinvestor.com\/blog\/index.php\/2005\/10\/17\/cftc-and-tradesports\/","title":{"rendered":"CFTC and Tradesports"},"content":{"rendered":"<p>The CFTC has <a href=\"http:\/\/www.cftc.gov\/files\/enf\/05orders\/enftradeexchangenetworkorder.pdf\">reacted<\/a> to <a href=\"https:\/\/tradesports.com\/\">Tradesports<\/a>&#8216; futures-like contracts that many U.S. residents have been trading without CFTC regulation.<br \/>\nIt is surprising how closely the contracts that they objected to coincide with contracts traded under CFTC regulation &#8211; they apparently have prohibited Tradesports from offering to U.S. residents contracts on the results of the next Fed meeting (which Hedgestreet trades under CFTC regulation; Tradesports stopped offering these in May, possibly due to negotiations with the CFTC) but as far as I can tell Tradesports is still able to offer contracts on where the Fed Funds rate will be at the end of the year.<br \/>\nI am also surprised that the CFTC classified the contracts as futures options rather than futures. They do have something resembling as strike price, but otherwise resemble a futures contract more than they resemble an option.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CFTC has reacted to Tradesports&#8216; futures-like contracts that many U.S. residents have been trading without CFTC regulation. It is surprising how closely the contracts that they objected to coincide with contracts traded under CFTC regulation &#8211; they apparently have prohibited Tradesports from offering to U.S. residents contracts on the results of the next Fed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[17],"tags":[68,124],"class_list":["post-91","post","type-post","status-publish","format-standard","hentry","category-if","tag-law","tag-prediction-markets"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p80O1l-1t","_links":{"self":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":1,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"predecessor-version":[{"id":442,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/91\/revisions\/442"}],"wp:attachment":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}