Industry News

Housing derivatives market draws pro investment crowd

Broker addresses questions about futures trading in real estate
Published on Jul 3, 2007

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by CareyBot

Since May 2006, the Chicago Mercantile Exchange has offered futures contracts and options based on the S&P/Case-Shiller U.S. National Home Price Index. Futures and options currently are traded on indices for a composite index, and the 10 markets included in that composite are: Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.

The following is an interview with Fritz Siebel, director of property derivatives at Tradition Financial Services ...

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