Tuesday, Oct 7, 2008
Intrade has listed a market on when the General Motors Volt will go on sale. This market can be found under Transportation -- GM Volt.
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if General Motors delivers 500 Volts to dealers before 11:59:59pm ET on the date specified in the contract.
A contract will settle (expire) at 0 ($0.00) if General Motors DOES NOT deliver 500 Volts to dealers before 11:59:59pm ET on the date specified in the contract.
Expiry will be based on official announcements from General Motors, as reported by three independent and reliable media sources.
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.