“At least two outfits in Europe are already running what they call bitcoin derivative markets. One, based in Ireland, is called Predictious. The other, in Russia, is known as ICBIT.  In addition to Predictious and ICBIT, a group of former floor traders in Chicago is exploring an honest-to-goodess bitcoin derivatives market, though this is still in the early stages. Collin Palmer, one of these traders, believes such a market could not only help stabilize the value of bitcoin, but invite more mainstream financial minds into the digital currency, as opposed to the computer geeks that typically deal in bitcoin.”

http://www.wired.com/business/2014/01/bitcoin-derivatives/

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