Monday, Jan 14, 2008
The Exchange has listed a series of contracts on the unemployment rate in the United States at the end of 2008. These contracts can be found under Financial -- Economic Numbers -- US Unemployment Rate.
Contract Rules:
This contract will settle (expire) at
100 ($10.00) if the United States unemployment rate for December 2008
is GREATER than the figure specified in the contract.
The
contract will settle (expire) at 0 ($0.00) if the United States
unemployment rate for December 2008 is the EQUAL to or LESS than the
figure specified in the contract.
Expiry will be based on
the unemployment rate figure for December 2008 published by the United
States Department of Labor (due to be published mid-January 2009).
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.