A contract will settle (expire) at 100 ($10.00) if the individual named in the contract is selected as the Republican Party's nominee to contest the 2012 Presidential Election.

The contract will settle (expire) at 0 ($0.00) if the individual named in the contract is NOT selected as the Republican Party's nominee to contest the 2012 Presidential Election.

Expiry will be based on the official, public announcement of the Republican nominee, as reported in three independent and reliable media sources.

Final expiry of the nominee will be made once the nomination is made official at the party convention. This expiry will be final and any changes to the nominee after expiry, for whatever reason, will not be considered.

This market is not linked to allow cross-margining of positions. You will be margined individually on each position, long or short.

In the event of the death of one of the candidates the following steps will be taken:

1. All contracts in the group will be paused and expired at the last closing price set for each contract
2. A new market will be listed for the remaining candidates

Any change to the result after the contract has expired will not be taken into account - Exchange Rule 1.4.

Due to the nature of this contract please also see Contract Rule 1.9 Unforeseen Circumstances.

The Exchange reserves the right to invoke Contract Rule 1.8 (Time Protection) if deemed appropriate.

Please contact the exchange by emailing help@intrade.com if you have any questions regarding this contract before you place a trade.

 

 

Sarah Palin to be Republican Presidential Nominee in 2012

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Sarah Palin to be Republican Presidential Nominee in 2012

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