December 2008 Software Sales Futures

December Monthly Sales Futures for software are making their debut next week. Remember, there are new rules regarding Monthly Software Futures. If a game does not finish in NPD Group's Top 10, the game will cash out at the sales of the #10 title. Games receiving Monthly Sales Futures are suggested by Electronic Entertainment Design and Research (EEDAR). The games selected should have a 95% chance of making the Top 10 each month.

Prince of Persia (Xbox 360) will also have Metacritic Futures IPOing the same days as the Monthly Sales Futures.

Monthly Sales Futures will 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.

• November Monthly Sales Futures

  IPO Phase 1	IPO Phase 2	Title	Platform	Company
  11/17	11/19	Wii Play	Wii	Nintendo
  11/18	11/20	Gears of War 2	Xbox 360	MSFT
  11/19	11/21	Call of Duty: World at War	Xbox 360	EA
  11/20	11/22	Guitar Hero: World Tour	Wii	ATVI
  11/21	11/23	Prince of Persia	Xbox 360	Ubisoft