Following the mid-terms on the Iowa Electronic Market
The US “stock market” where political futures are traded With all the focus on the US mid-terms one of the world’s great political betting arenas comes into its own – the Iowa Electronic Markets. This is operated by the state University in Iowa as an academic exercise on how markets function and has grown into a remarkable place where what are termed “political futures” are traded. What happens is that the IEE sets up a market and defines “stock” to…