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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: estatemakr who wrote (8463)11/26/2007 4:28:38 PM
From: John Pitera  Respond to of 33421
 
but about 97% of derivatives are over the counter, privately negotiated by the various banks, hedge funds and financial firms. The stuff on CME and Nymex etc has much more transparency in terms of risk observable prices and they watch to see that the contracts have some margin under them!!!

But the exhanges are trading at real frothy levels, so I see your point.

John