NPD Futures for April 2008 for the consoles will begin their IPO phases at the end of this week. Xbox 360, PS3, and Wii futures will debut on Thursday, February 14. Nintendo DS, PSP, and Total Software Sales futures will debut on Friday, Feburary 15.
As always, NPD Futures debut in two-phase IPOs. IPO Phase 1 is a 48 hour period of trading without automated market making to determine the IPO Phase 2 price. Advanced trading mode is required to place orders in IPO Phase 1. After IPO Phase 1, the futures contracts will enter IPO Phase 2 in which the bid and ask prices will be fixed all day.
We are also looking for game suggestions for April 2008. Please post in the forum here.