Tuesday, Dec 22, 2009
Intrade has listed a market on the possibility of a majority government being elected in next Canadian general election.
This market can be found under Politics -- Canadian Politics.
Contract Rules:
This contract will settle (expire) at 100 ($10.00) if a majority government is elected in the next Canadian general election.
The contract will settle (expire) at 0 ($0.00) if a majority government is not elected in the next Canadian general election.
Expiry will be based on the official results of the next Canadian general election, as reported by three independent and reliable media sources.
A majority government will be elected if one party wins a majority of the seats in the Canadian House of Commons.
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.