Thursday, May 15, 2008
We have opened a market on John Mccain receiving the endorsement from conservative media personalities Rush Limbaugh, Sean Hannity and Mark Levin. These cotnracts can be found under Politics -- Pres. Endorsements -- Will Talk Radio endorse John McCain?
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if John McCain is publicly endorsed for President by the individual specified in the contract.
A contract will settle (expire) at 0 ($0.00) if John McCain is NOT publicly endorsed for President by the individual specified in the contract.
Endorsment is seen by the exchange as the individual stating that he plans on voting for John McCain and/or actively reccommending his listeners to vote for John McCain because he is supporting him.
The endorsement must be made before the election is held. The contract will be expired once an endorsement is made and any change of mind or repudiation of the endorsement at a later time will not affect the original expiry.
All trades that occur during the individuals broadcast hours on the day of the announcement will be unwound. For example, Rush Limbaugh is on between 12:00pm - 3:00pm EST and if he announces during his show then trades made during these hours will be unwound.
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.