More power traders, for example, have turned to the New York Mercantile Exchange to use its clearing services for trades.
Market traders, for example, use mobile phones to pay peasant farmers for a single bag of cassava or maize-meal.
Ms. Elberse said she also believed that HSX's rich trading database could be mined to improve forecasts -- by following expert traders, for example.
That rules the island out as a site for certain time-sensitive computations: high-speed traders, for example, need to be within a few miles of stock exchanges.
Swap traders, for example could enter into billions of dollars of swaps referencing the value of stock in a corporation owning a single coffee shop off Wall Street if they wanted to.
Carbon traders, for example, have been arrested for tax fraud; evidence has emerged of lucrative projects that may do nothing to curb climate change; and steel and cement companies have booked huge profits selling surplus permits they received for free.
Arrests of currency traders, for example, have not stopped the Syrian pound from losing half its value in recent months, fuelling a frightening surge in inflation, amid widening shortages.Mr Assad's grim obstinacy has had another effect.
Nor unlike derivatives traders, for example—are they motivated by the prospect of a reward if they succeed in drafting a watertight deal or a penalty if contract costs increase.
The culprit turned out to be the derivatives the firm had used, ostensibly to smooth the effects of see-sawing interest rates on its mortgage business.The good, the bad and the uglyDerivatives are not exactly new—Japanese rice traders, for example, used futures in the 17th century but they have become much more sophisticated in recent years.
Bond traders, for example, have only their word and their reputation.
