HedgeStreet has announced the launch of new real estate and
energy contracts as well as an initiative to attract market
makers to the upstart exchange.
HedgeStreet, an electronic market launched last October
listing a variety of traditional and non-traditional contracts
for retail traders, introduced three- and six-month contracts
based on National Association of Realtors (NAR)'s reported
median sales price of homes in Chicago, Los Angeles, Miami, New
York, San Diego and San Francisco. The contracts, called
Hedgelets, are binary options allowing traders to take a simple
yes or no position on whether prices will rise or fall in the
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