Maybe they'll come up with a better name for "hedgelets"
CBOE takes stake in HedgeStreet to develop products
"The Chicago Board Options Exchange, the largest U.S. options market, said on Wednesday it has taken a stake in an electronic U.S. exchange as part of a plan for the two markets to jointly develop new products."
Excellent news, not only to legitimize the industry but to add liquidity as well.
Goodbye Larry, Mr. Luskin's Take
Ousted by the PC Police
2 Comments:
Sounds better than "Pari-Mutel"lets. They should implement some acronyms: i.e. Hedgelets = HS (as in "HedgeStreet" since hedgelets are a proprietory derivative of Hedgestreet.com)
http://www.myspace.com/hedgestreet
The guys at Hedgestreet are serious and they'll get around to these kinds of branding issues sooner or later. Even "Hedgestreet" sounds like just the name of a web site.. a little soft.. not the full-fledged exchange they aim to become.
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