In addition to historical data captured on CD by outside services, faculty have access to real-time data from every major exchange in the world. The Iowa Electronic Market is a real-money, computerized, futures exchange operated by The University of Iowa Henry B. Tippie College of Business. Contracts in these markets are based on real-world events such as political and economic outcomes are traded.
Traders connect to the market through Internet.
We operate these markets for both teaching and research purposes. Through the IEM as a teaching device, participants learn first-hand about the operation of a financial market. Because they have an added incentive to do so, they often become better informed about events determining the ultimate value of the contract being traded. Through the IEM as a research venture, the data collected from this market will provide insights into market and trader behavior. To find out more about out market, visit the IEM Web site .