19 November, 2005

avian flu futures

AsiaPundit welcomes this piece of news.:

After the overwhelmingly positive response to the recent announcement that they would begin trading housing-price futures next year, an anonymous source at the Chicago Mercantile Exchange has informed us that they are now planning to make the trading of Tamiflu futures available as well.

In fact, with more reports of housing having already peaked and with the news of H5N1 spreading in China, there is said to be a raging internal debate regarding which one to make available first.

Tamiflu futures, based on the median price for a ten count package of 75 mg capsules from reputable Canadian online pharmacies, are being made available to Tamiflu owners who seek to hedge the gains they have made since buying supplies of this anti-viral drug immediately after the Avian flu became front page news just a few months ago.

Unfortunately it’s all made up, a Tamiflu market would be a useful tool to measure demand and researchers have evidence that futures market is a relatively good predictor of flu outbreaks.

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by @ 10:24 pm. Filed under China, Asia, East Asia, Northeast Asia, Southeast Asia

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