–
UPDATE:
Nigel Eccles:
There was a bug in that chart which is now fixed. However the excess volatility is still there. The problem is that our early markets were created with a liquidity parameter which was too low. That is fixed with more recent markets. However we are also looking at modifying the MSR in some significant ways.
–
Previously:
– the latest InTrade predictions
– Emile Servan-Schreiber’-s post on market arbitrage