Wednesday, Sep 30, 2009
Intrade has listed a market on the Israeli's announcing they will freeze all settlement construction in the West Bank.
This market can be found under Current Events -- Middle East.
Contract Rules:
The contract will settle (expire) at 100 ($10.00) if Israel announces a total freeze in settlement construction before midnight ET on the date specified in the contract.
The contract will settle (expire) at 0 ($0.00) if Israel does not announces a total freeze in settlement construction before midnight ET on the date specified in the contract.
Expiry will be based on official statements from the Israeli government, as reported by three independent and reliable media sources.
Any settlement freeze must include:
- A freeze in the construction of new settlements in the West Bank - A freeze in "natural growth" construction in existing settlements - A freeze in construction in Jewish neighbourhoods in East Jerusalem
This market will be expired at 100 once an announcement has been made. Any change of policy after the announcement will not affect the original expiry.
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.