- Markets
- Politics
- 2012 US Elections
- Exact number of Electoral College votes won (IMPORTANT: R...
- Number of Electoral College votes won...
Number of Electoral College votes won by Democratic nominee in 2012 ($0.01 per vote)
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Step: 1. Buy or Sell > 2. Select Price > 3. Review & Confirm
1. Choose to buy or sell shares in this market
Think the market will settle lower?
Sell Shares Sell Shares
Tip: Yes, you can sell shares you don't own!
Step: 1. Buy or Sell > 2. Select Price > 3. Review & Confirm
2. Choose the price and number of shares to
Tip: more shares based on how likely you think the event is of occurring
Tip: Compare your price to the prices offered on the right > >
| Min Price: | $0.00 / share |
| Max Price: | $5.38 / share |
| Shares You Own: | |
| Max. Total Cost: | @ = |
Step: 1. Buy or Sell > 2. Select Price > 3. Review & Confirm
3. Review your prediction
Order Details:| Trade type: | ||
| Number of shares to : | ||
| Max price per share: | Limit price | |
| Max. total cost: | This amount will be frozen to cover your prediction | |
| Max potential loss: | Your loss if your prediction is wrong | |
| Max profit: | Max profit if your prediction is correct |
Step: 1. Buy or Sell > 2. Select Price > 3. Review & Confirm > Result
Your Order
You entered the following order:
| Order Id: | Unique identifier of your order | |
| Trade type: | ||
| Number of shares: | ||
| Max price per share: | Max price you will pay per share | |
| Order Cost: | How much it really cost you | |
Your Money
| Available to spend: | |
| Money currently invested: |
Highest prices members are buying at:
Lowest prices members are selling at:
Best (highest) price members are buying at
Best (lowest) price members are selling at
General
| Currency: | USD | |
| Market state: | Expired | |
| Market linked for margining: | No | Margin is calculated individually for this market |
| Contract type: | Total Votes |
Margin Specs
| Min price: | $0.00 / share ≈ 0 votes | |
| Max price: | $5.38 / share ≈ 538 votes |
Expiry
| Expiry value: | $3.32 / share ≈ 332 votes | |
| Expiry time: | Nov 11, 2012 21:14 GMT | |
| Expiry volume: | 513 shares | Also called Open Interest |
Life
| Open price: | $3.20 / share ≈ 320 votes | |
| Life low: | $2.76 / share ≈ 276 votes | |
| Life high: | $3.32 / share ≈ 332 votes | |
| Total volume: | 1,405 shares |
Before entering any orders to trade this contract please ensure you read have and understood this DISCLAIMER.
IMPORTANT:
This market is not a typical Intrade market that will settle at $10.00 or $0.00 depending on the outcome of the underlying event. Please read the following market rules very carefully and make sure you understand how this market works before you enter any orders to buy or sell shares. Trades will not be reversed based on a misunderstanding of the market rules. If you have any questions about this market please contact help@intrade.com.
How This Market Works:
This market is for the exact number of Electoral College votes won by the named candidate in the 2012 US Presidential Election, as reported by three independent and reliable media sources following the election. The market will be settled according to how many votes the candidate receives.
Each Electoral College vote is valued at $0.01. Therefore, the number of votes won by the candidate will be multiplied by $0.01 to determine the final settlement price of the market. For example: If the candidate wins 332 Electoral College votes the market will be settled at $3.32 (332 votes * $0.01).
When trading shares the number of Electoral College votes is also multiplied by $0.01 to determine the price of the shares. A share price of $2.85 for example, represents 285 Electoral College votes (285 votes * $0.01).
The maximum number of Electoral College votes is 538 so therefore the highest share price is $5.38. The minimum number of Electoral College votes is 0 so therefore the lowest share price is $0.00. Your potential profit and loss will be calculated using these minimum and maximum prices (in the same way it is calculated for the typical Intrade markets that settle at either $0.00 or $10.00).
Buying Shares:
You will buy shares if you expect the number of Electoral College votes won will be HIGHER than the current share price. If the number of votes won is higher than your share price you will make a profit. If the number of votes won is lower than your share price you will suffer a loss. For example:
- You buy shares at $2.75 (275 Electoral College Votes). The candidate wins 320 Electoral College votes and the market is settled at $3.20. Your profit will be $0.45 per share.
- You buy shares at $2.75 (275 Electoral College Votes). The candidate wins 150 Electoral College votes and the market is settled at $1.50. Your loss will be $1.25 per share.
(Short) Selling Shares:
You will sell shares if you expect the number of Electoral College votes won will be LOWER than the current share price. If the number of votes won is lower than your share price you will make a profit. If the number of votes won is higher than your share price you will suffer a loss. For example:
- You sell shares at $3.10 (310 Electoral College Votes). The candidate wins 240 Electoral College votes and the market is settled at $2.40. Your profit will be $0.70 per share.
- You sell shares at $3.10 (310 Electoral College Votes). The candidate wins 355 Electoral College votes and the market is settled at $3.55. Your loss will be $0.45 per share.
Any changes to the result after the market has expired will not be taken into account (Rule 3).
Due to the nature of this market you are obligated to read Rule 4 (Unforeseen Circumstances) and Rule 5 (Time Protection). Intrade may invoke these rules in its absolute discretion if deemed appropriate.
Please contact our Customer Support if you have any questions regarding this market or the interpretation of these market specific rules before you place an order to buy or sell shares.
Open Comments
Disclaimer
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