HedgeStreet and WhisperNumber Announce Launch of Co-Branded Website.SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- HedgeStreet.com, the first government-regulated online exchange for binary options and capped futures, and WhisperNumber.com, an independent financial research firm that collects sentiment and market expectations from the investing public, today announced the launch of a co-branded website -- "WhisperNumber, presented by HedgeStreet." The site will enable WhisperNumber members to trade on HedgeStreet's online market and provide HedgeStreet members with access to WhisperNumber's research and data to help guide their trading decisions. Based on WhisperNumber member input, the website will initially offer information on the probability of price changes on crude oil, gas at the pump, and gold and silver contracts. Example: http://www.whispernumber.com/rsc/futures_oil.jsp. "The common denominator common denominator n. 1. Mathematics A quantity into which all the denominators of a set of fractions may be divided without a remainder. 2. A commonly shared theme or trait. between HedgeStreet and WhisperNumber is the collective wisdom of their members," said Bill McIntosh, VP Marketing for HedgeStreet. "Their combined input about prices for a variety of markets or events will essentially create a predictive market." John Scherr, President of WhisperNumber, added: "Our 'whisper numbers' are derived from an average of individual investors' expectations. Applying these numbers to HedgeStreet's markets will add substantial predictive power to HedgeStreet's traders. WhisperNumber's members will in turn benefit from direct access to HedgeStreet's unique trading exchange." HedgeStreet, which began operations in late 2004 following regulatory approval by the Commodity Futures Trading Commission The Commodity Futures Trading Commission (CFTC), the federal regulatory agency for futures trading, was established by the Commodity Futures Trading Commission Act of 1974 (88 Stat. 1389; 7 U.S.C.A. 4a), approved October 23, 1974. (CFTC CFTC See: Commodity Futures Trading Commission CFTC See Commodity Futures Trading Commission (CFTC). ), traded and settled nearly 1 million contracts (called Hedgelets) during its first full year of operation. WhisperNumber, founded in 1998, gathers its data from more than 50,000 members who have registered on its website. About HedgeStreet.com HedgeStreet Inc. is the only U.S. designated market that lets online investors trade innovative financial contracts based on the outcome of future economic events and price movements such as oil, gold and housing prices. A designated contract market (DCM DCM abbr. Distinguished Conduct Medal ) and a registered derivatives clearing organization (DCO DCO Demande Chimique En Oxygène (French) DCO Digitally Controlled Oscillator DCO District Coordination Officer (Pakistan) DCO Defence Community Organisation (Australia) ), HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading Commission (CFTC). For more information, visit www.hedgestreet.com. About WhisperNumber.com WhisperNumber.com is an independent financial research firm that collects sentiment and market expectations from the investment public. The "whisper number Whisper Number Unofficial and unpublished earnings per share forecasts that circulate among the professionals and wealthy investors on Wall Street. Whisper numbers are especially useful when they differ from the consensus forecast. " found on WhisperNumber.com is derived from an average of individual investors' expectations regarding earnings for the most recent quarter. The company also gathers whisper numbers for monthly economic expectations data from investors, and publishes market sentiment Market Sentiment The feeling or tone of a market (i.e. crowd psychology). It is shown by the activity and price movement of the securities. Notes: For example, rising prices would indicate a bullish market sentiment. data on US & Global Stock Markets, bonds, sectors, ETF's, currencies, and all major commodities in the metals, energy, and agricultural groups. For more information, visit www.WhisperNumber.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion