Contract Fees & Details
|Tick Size (?)||0.1||Contract Start Date||Dec 8, 2010|
|Tick Value (?)||USD 0.01||Contract Expiry Date||Aug 31, 2012|
|USD per Point||0.10||Contract Type||0-100|
|Min Contract Price||0.0||Max Contract Price||100.0|
|Trading Fee||$0.00||Expiry Fee||$0.00 on all out of the money positions|
Trading Fees at price extremes
(0 - 5 and 95 - 100)
|$0.03||$0.10 on all in-the-money positions|
|This is a linked 0-100 contract|
|Min Margin Price||0.0 Ticks||Margin Up||0.0 Ticks|
|Max Margin Price||100.0 Ticks||Margin Down||0.0 Ticks|
|To Buy||To Sell|
|Best Offer||-||Best Bid||-|
|Max gain per contract||USD -||Max gain per contract||USD -|
|Max loss per contract||USD -||Max loss per contract||USD -|
This market will settle $10.00 if the named individual is the Republican Vice-Presidential nominee to contest the 2012 Presidential election.
This market will settle $0.00 if the named individual is not the Republican Vice-Presidential nominee to contest the 2012 Presidential election.
Settlement will be made when the nomination is made official at the Republican Party convention - all markets will remain open until this time. This settlement will be final and any changes to the nominee after settlement, for whatever reason, will not be considered.
This event contains markets for a number of individuals and a single market for "any other individual". If an individual not specifically named in a market of their own is selected as the Republican VP nominee the "any other individual" market will settle at $10.00 and all other markets at $0.00. At this time no further names will be added to the event.
In the event of the death of one of the candidates the following steps may be taken at the discretion of Intrade:
1. All markets will be paused and settled at the last closing price set for each market
2. A new market will be listed for the remaining candidates
Please contact the Exchange if you have any query or uncertainty (including how it may be settled) about this Contract, the Rule above or the Contract Rules before you trade.