Robin_Hartell
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Robin_Hartell has not written any posts yet.

Robin_Hartell has not written any posts yet.

A couple of points:
You don't agree to "buy it today", you "agree to buy" it today. Both exchange of payments and assets take place in the future
The price of a future isn't determined by prediction any more than the asset is. The price of a future is given explicitly by the price of the underlying, suitably adjusted for cost of carry and cost of financing
How much appetite would there be for shorter windows on the Open Threads? Having one every 4 days would have some advantages:
Reminds me of this: http://math.stackexchange.com/questions/71874/can-i-use-my-powers-for-good
MoneyDashboard.com - links directly to my credit cards and bank accounts. I hear that the US equivalent is mint.com