Options market proposed for elections

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“A small trading exchange in Chicago, the North American Derivatives Exchange, has asked federal regulators for permission to sell options tied to the results of various 2012 elections — including the U.S. presidency, control of the Senate, and control of the House of Representatives,”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.