Posted To: MND NewsWire

The Chicago Board Options Exchange (CBOE) will soon permit futures trading in housing through a derivative based on the Radar Logic Composite Price. According to information released by Radar Logic, a New York City real estate data and analytics company, this derivative will allow institutions both to hedge against downturns in housing prices and to allocate portions of their investment portfolios to housing assets without the search, transaction, and maintenance costs association with purchasing physical properties. Or, as the background information the company released today says, "RPX futures will allow you to invest in residential real estate without having to mow the lawn." It is not our purpose to assist Radar Logic in its promotional campaign nor is this intended as a discussion of the...(read more)