Wednesday, Oct 21, 2009
Intrade has opened a market on the date of the next Irish general election, which must be held before 14th July 2012. It is possible however, that an early election could be held if the current government collapses or the opposition can force an early election.
This market can be found under Politics -- Irish Politics.
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if the next general election in Ireland is held on or before the date specified in the contract.
A contract will settle (expire) at 0 ($0.00) if the next general election in Ireland is not held on or before the date specified in the contract.
Expiry will be made when voting polls open in Ireland on the day of the election, 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.