Business Week published a short srticle on S&P/Case-Shiller Home Price Index and Radar Logic home price index. The article contends that the US housing "bust" has heightened the professional investor appetite to trade derivative contracts that settle against these home price indices. Radar Logic is expecting trading to begin this September. The CME plans to introduce multiyear futures and options listings for the S&P/Case-Shiller Home Price Indices. Existing CME futures and options extend out one year right now.
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