CBOE Futures Exchange is looking to offer futures contracts on several Radar Logic 28-Day Real Estate (RPX) indexes. CBOE will list tradable residential property futures and options contracts based on RPX values, adds Housing Wire.
The bourse may also act as a risk-management hedge for institutional investors dealing with whole loan portfolios. The exchange has signed a licensing agreement with Radar Logic, a real estate data and analytics company that calculates indexes on the U.S. housing market.
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