This market will settle at $10.00 if the named individual is elected President of the United States in 2012.
This market will settle at $0.00 if the named individual is not elected President of the United States in 2012.
Settlement will be based on the outcome of the 2012 United States Presidential election, as reported by three independent and reliable media sources. If there is any uncertainty over the outcome, or any delays in confirming the outcome, Intrade reserves the right to wait for further information before settling this market. All markets will remain open until until the result is known (in case there is a change in party nominee or something unforseen happens).
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
Any changes to the result after the contract has expired will not be taken into account - Contract Rule 1.4
Due to the nature of this prediction market contract you are obligated to read Contract Rule 1.7 (Unforeseen Circumstances) and Contract Rule 1.8 (Time Protection). Intrade may invoke these rules in its absolute discretion if deemed appropriate.
Please contact the exchange by e-mailing help@intrade.com if you have any questions regarding this contract or interpretation of these contract specific rules, related exchange news articles or exchange rules before you place an order to trade.
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2012 Presidential Election Winner (Individual)
Barack Obama to be re-elected President in 2012 |
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