About Intrade

"Intrade isn't just an entertaining website.  It is the latest iteration of one of the most important economic developments of modern times."

David Leonhardt, Economics Reporter, The New York Times

Our mission is to provide you with the best prediction market platform and related services bar none.  We want to facilitate you to connect, predict, discuss and contribute your insights on uncertain events that you are passionate about.

At the heart of Intrade is a marketplace for the exchange of predictions on uncertain future events often called "prediction markets" or "event markets"..

When we or you list events on the www.intrade.net marketplace it facilitates the aggregation of crowd wisdom into predictive probabilities.

Predictive information generated by the Intrade community has been used by CNBC, CNN, FOX, WSJ, FT, New York Times, over 50 major universities and graduate schools in the US, the ECB, Cato, Bank of Japan, Bank of England, presidential candidates and innumerable Wall Street firms.

We have operated public and private prediction market places for Yahoo!, The Financial Times, the Wall Street Journal, the National Journal, RealClearPolitics, Rasmussen Reports and others.

"At FORTUNE we often write about the latest hot company, but it's rare that we get a chance to introduce you to an entirely new market.  Intrade is the only efficient market system around for investing in, well, almost anything" 

Andy Serwer, Managing Editor, Fortune

Our People

Currently there are 12 full-time equivalent employees involved in the operation and development of Intrade, but we are always looking to add additional innovative and energetic to our small team.  

John Delaney, Chief Executive Officer.  John's early career background was in audit and accountancy where he qualified as an accountant some 15 years ago.  Having gained audit, accounts and taxation experience he then achieved a Masters of Science Degree in Investment and Treasury Management at Dublin City University.  Thereafter John achieved a first class honors in the Masters of Business Administration (MBA Finance) program from the University College Dublin's Smurfit School of Business.

John has led the development of the Intrade business, setting goals and objectives within an agreed strategy.  John is responsible for ensuring the execution and performance of the Intrade strategy which has achieved its objective of being the de facto leader in the prediction markets industry niche.

John is proud to be a founding board member of the recently established Prediction Market Industry Association and an Associate Editor of The Journal of Prediction Markets located at http://www.predictionmarketjournal.com/.  John has appeared on Fox, CNBC, CNN, CBS, ABC and other networks on behalf of Intrade and has also presented at various industry related conferences. Email: john.delaney-AT-intrade.com

Ed Lenox, Chief Technology Officer.  Ed graduated from Cambridge University with an honors degree in Engineering where he specialized in Electrical and Information Sciences.

Ed has worked for a variety of software houses where his main focus and expertise has been the introduction of new technology, and the integration of associated practices and procedures into existing corporate systems.

Before joining Intrade, Ed was a software systems architect working on projects in the German financial services industry where he worked on projects for, among others, Dresdner Bank, Commerzbank and HVB.

As CTO Ed has lead his team in the creation, maintenance and development of the exchange technology that www.intrade.com currently uses.  Email: ed.lenox-AT-intrade.com

John McNamara, Markets Manager.  John has over 15 years of experience as a trader and broker in financial futures markets.  For almost a decade, John managed a successful stock index arbitrage team.

During the mid ‘90's, John helped to establish FINEX Europe, a financial futures exchange.  In 2000, John participated as a founding member of the initial Intrade management team.

He was partly responsible for the development of the trading interface, and algorithms and guiding the user experience on the Intrade Exchange.

John is the brains behind many of Intrade's most successful markets as well as helping to design new event markets.

Email: john.mcnamara-AT-intrade.com

Carl Wolfenden, Exchange Operations Manager.  Carl graduated from Massey University, in his native New Zealand, with a Bachelor of Arts degree, and later earned a Postgraduate Diploma in International Relations from the University of Auckland.  Carl joined Intrade in 2002 upon his arrival in Ireland.  He had previously worked in the transport and logistics industry in New Zealand, before spending time in the U.S. and the U.K.

He is currently responsible for the day-to-day operation of the exchange, analysis and commentary of current markets and the development of new markets.

Carl also writes our widely distributed weekly newsletter analyzing Intrade's political markets and contributes similar content to Yahoo News.

Email: carl.wolfenden-AT-intrade.com

"Most" of the Intrade Team

From the left: Tom, Ed, Randall, Ondrej, John, Pavel, Carl, Sheena, Caspar (standing in for the CEO who is behind the camera), Joe, Geraldine, and Orla.  Lee, and Anna are missing from the photo.

Additional Information About Intrade

Intrade derives income from real money trading fees, interest on funds deposited by members, professional services to businesses, advertising and market data sales.

"Intrade is THE watering-hole around which those interested in the issues that impact us all congregate.  In so doing collective wisdom increases, uncertainty decreases, better decisions can be made.  All these are good things."

John Murray, Intrade member.

Intrade provides an exclusively online platform with much of the content and all of the predictive information generated by the Intrade community and not Intrade itself.

Our objectives include increasing the quantity and quality of the predictive information generated on Intrade.  To do this we are focused on growing the number of users of our service, the number of markets considered, and to provide the best service possible.

The markets traded on Intrade are very similar to futures or options.  While futures or options may be based on stocks, commodities or bonds the contracts listed on Intrade are typically based on uncertain future events.

Whether some uncertain future event will happen or not is the typical subject matter underlying each Intrade market.  The Intrade markets are traded using a 0 to 100 pricing methodology.

Using 0 to 100 which is also a simple probability scale ensures that Intrade prediction markets are easily accessible to a wide audience.  The price that an event market trades at equals the probability according to the Intrade community of the event occurring.

Press

For additional information about Intrade, or to request access to our predictive market data, graphs and related information please contact us.

Below are just some highlights relating to Intrade and prediction markets generally.

Thank you for your interest in our business and industry.

Intrade in the News

Just some recent mentions...

Intrade Partners

We are pleased to be associated with…

Intrade Supported Research

Coming soon…

The Prediction Market Industry

If you are interested in prediction markets you may also be interested in…

 2008-06-04