Wednesday, Sep 1, 2010
Intrade has listed a market for an internationally recognised Palestinian state to be established.
This market can be found under Current Events > Middle East.
A contract will settle (expire) at 100 ($10.00) if an internationally recognised Palestinian state is established before midnight ET on the date specified in the contract.
The contract will settle (expire) at 0 ($0.00) if an internationally recognised Palestinian state is not established before midnight ET on the date specified in the contract.
An internationally recognised Palestinian state will be considered established once the United States, Israel or any member of the European Union officially recognise the new state. Expiry will be based on official announcements regarding this recognition, as reported by three independent and reliable media sources.
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 emailing email@example.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.