Friday, May 14, 2010
Intrade has opened a market for when the next UK general election will be held.
This market can be found under Politics > UK Politics.
A contract will settle (expire) at 100 ($10.00) if the next UK general election is held on or before the date specified in the contract.
The contract will settle (expire) at 0 ($0.00) if the next UK general election is not held on or before the date specified in the contract.
Expiry will be based on the official date of the next general election, as reported by three independent and reliable media sources. This market will be expired on the day of the election once polls have opened for voting.
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 email@example.com if you have any questions regarding this contract before you place an order to trade.