Friday, Dec 3, 2010
Intrade has opened a market for NASA to discover extraterrestrial life.
This market can be found under Scientific > Space and Beyond.
A contract will settle (expire) at 100 ($10.00) if NASA announces the discovery of extraterrestrial life before midnight ET on the date specified in the contract.
The contract will settle (expire) at 0 ($0.00) if NASA does not announce the discovery of extraterrestrial life before midnight ET on the date specified in the contract.
Expiry will be based on official statements from NASA confirming the discovery of extraterrestrial life, 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.