Welcome to  this forum on home price derivatives.  I’m John Dolan, the independent market maker for the S&P Case Shiller (home price index) futures that are traded on the CME.   My original goal is setting up this site in 2010 was to foster discussion about CME futures and options, but it has expanded to other topics related to home price hedging products.    I want to faciliate a better understanding by academics, regulators, policy makers, rating agencies, traders and all interested parties in housing transactions (e.g. buyers, sellers, lenders, MBA, NAR), in the markets for home price products, how they can be traded, and how to interpret observed market prices.  Please feel free to email me with questions or suggestions at johnhdolan@homepricefutures.com .  You can join the discussion on LinkedIn in the CME Case Shiller Home Price Futures group, and/or sign up for Twitter updates (mostly trade notices) at @HomePriceFuture

My hope is that with greater awareness, more contributions (quotes) from other traders, and a willingness by traders and hedgers to dabble in these products, that better liquidity will evolve for futures on this critically important financial market.

 

Basics: The Ultimate FAQ: Why isn’t there more volume in the CME Case Shiller Home Price Index contracts?

June 12, 2013, 3:09 pm

Having addressed the technical FAQs in a recent blog, I’d like to address the most important FAQ: Why haven’t there been more volume in the CME Case Shiller futures?

In discussions with various interested parties over the past three years … Read More

Front Contracts

June 10, 2013, 10:09 am

I introduced a new graph in the May review that I think will help anyone looking at prices across the front three expirations.  I barely commented on the graph in the review.  Now, with the benefit of more quotes since … Read More

Basics -FAQs on trading Case Shiller futures

June 5, 2013, 8:53 pm

One of my conclusions from how the markets reacted over the last week is that I need to spend more time marketing, and less energy market-making (in some of the contracts with less interest).  It is important that more people … Read More