Friday, May 18, 2012
Intrade Obama Contract Volume
Intrade has become a popular source as a prediction engine for setting the odds of a future event happening. The total volume traded in the site's most popular contract (the Obama-chances-of-being-reelected contract) is still pretty minimal though. Since December of 2010, there has been a total of $1.4m exchanged in this contract or ~$2,600 per day. Even in the OTC market, there are very few stocks that have such low volume.
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