Wednesday, Jun 10, 2009
We have listed a market on North Korea being added to the State Sponsors of Terrorism List.
This market can be found under Current Events -- Sponsors of Terror.
Contract Rules:
The contract will settle (expire) at 100 ($10.00) if North Korea is added to the US State Department's list of State Sponsors of Terrorism before midnight ET on the date specified in the contract.
The contract will settle (expire) at 0 ($0.00) if North Korea is not added to the US State Department's list of State Sponsors of Terrorism before midnight ET on the date specified in the contract.
Expiry will be based on official announcements from the US Government, 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.
Typically initial orders and trades occur within 6 hours of when the market is listed.
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