Wednesday, Mar 5, 2008
The Exchange has listed contracts on who will receive the most Democratic Party Superdelegates in 2008. These contracts can be found under Politics -- Dem. Pres. Primaries -- Most Superdelegates - Clinton or Obama?
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if the candidate named in the contract receives the most Democratic Superdelegates in 2008.
A contract will settle (expire) at 0 ($0.00) if the candidate named in the contract DOES NOT receive the most Democratic Superdelegates in 2008.
Expiry will be based on official announcements from the Democratic party concerning the final and official Superdelegate allocations, as reported in three indpendent and reliable media sources.
If both candidates receive the same number of Superdelegate both contracts will be declared void, all trades reversed and all traded fees refunded.
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 help@intrade.com if you have any questions regarding this contract before you place a trade.