What can we learn from Betfair and Intrade being out of line from one another?

[Measure_for_Measure]

DJ FC: How does the daily trade volume at Intrade and Betfair compare for this market?

[Simple_Linctus]

I wonder if DJ FC is still around?

[DJ_FC]

@Simple_Linctus

DJ you don’t happen to trade at that sports arcade in canary wharf do you?

No. I trade equity derivatives in the city.

[DJ_FC]

@Euphonious_Polemic

It would appear that the money that Republicans are funneling into Intrade to keep up the appearance that Romney is not tanking… Is going to end up in the pocket of a trader in London.

I find this amusing.

I find this wonderful.

[DJ_FC]

@Measure_for_Measure

DJ FC: How does the daily trade volume at Intrade and Betfair compare for this market?

Hard to say without doing a bit of digging, but based on my gut and the open interest I’d say Intrade is about twice as large as Betfair. But I do most of my trading during London hours so it feels relatively even.

[don_t_ask]

@Measure_for_Measure

DJ FC: How does the daily trade volume at Intrade and Betfair compare for this market?

$8.4 million on Betfair and $17.5 million on Intrade.

[Evil_Captor]

I’m surprised the progressive media are not running with this one. It’s not a huge story but definitely an instance of Republicans using the raw power of money to influence the media during an election.

[DJ_FC]

It could also be chalked up simply to the fact that Americans do not have access to Betfair and Americans think much more favorably of Republican candidates than Europeans.