Monday, Nov 15, 2010
Intrade has opened a market for the 2012 Republican Vice-Presidential nominee.
This market can be found under Politics > 2012 US Elections > 2012 Republican VP Nominee.
A contract will settle (expire) at 100 ($10.00) if the individual named in the contract is announced as the Republican Vice-Presidential 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 announced as the Republican Vice-Presidential nominee to contest the 2012 Presidential election.
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.
Expiry will be final and any changes to the nominee after expiry, for whatever reason, will not be considered
This market is open for sensible suggestions. If you would like a name to be added to please forward to your suggestion to email@example.com.
In the event of the death of one of the candidates the following steps may 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 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 firstname.lastname@example.org 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.