This market is for who will be appointed as Chairman of the Federal Reserve when Ben Bernanke's current as Chairman term expires on January 31st 2010.
This contract will settle (expire) at 100 ($10.00) if the individual named on the contract is appointed.
The contract will settle (expire) at 0 ($0.00) if the individual named on the contract is not appointed.
Expiry will be based on the official appointment of Chairman of the Federal Reserve, as reported by three independent and reliable media sources.
This market will be expired once the appointment is announced. Senate confirmation of the appointment is not required for expiry.
This market is open for suggestions. If you would like to add a name to the market please email help@intrade.com with your suggestion.
NOTE: This market is not linked for margining. You will be margined individually on each position, regardless if they are long or short positions.
Due to the nature of this contract please also see Contract Rule 1.7 Unforeseen Circumstances.
The Exchange reserves the right to invoke Contract Rule 1.8 (Time Protection) if deemed appropriate.
Any changes to the result after the contract has expired will not be taken into account - Exchange Rule 1.4
Please contact the exchange by emailing help@intrade.com if you have any questions regarding this contract before you place a trade.