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(Who are the traders?)
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* '''[[:Category:Off-platform interaction|Off-platform]]''' – traders may exchange views outside the market about the events being traded.
* '''[[:Category:Off-platform interaction|Off-platform]]''' – traders may exchange views outside the market about the events being traded.
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== Who are the traders? ==
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== The traders ==
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The traders may '''[[:Category:Self-selected traders|self-select]]''' to join the trading activity, usually when they perceive themselves knowledgeable or interested in the topic of the market. Alternatively, they may be '''[[:Category:Invited traders|invited]]''' by the market owner according to the estimated potential of their contribution and expertise.
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The traders may be '''[[:Category:Stakeholders|stakeholders]]''', having vested interest in the outcome of the event being traded, or they may have '''[[:Category:No-stake in outcome|no-stake in the outcome]]''', being fully neutral with respect to the outcome.
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The information which is available to the group of traders may be '''[[:Category:Perfect information|perfect]]''', i.e. the all information which is needed exists but is private to a subset of the traders, '''[[:Category:Complete information|complete]]''', i.e. each trader only holds uncertain or incomplete information but the combination of the information which is accessible to all traders forms a complete picture of the subject of trade, or '''[[:Category:Incomplete information|incomplete]]''', the available information, private or public, contains a variable level of uncertainty.
== Why do they trade? ==
== Why do they trade? ==

Revision as of 07:09, 25 May 2010

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