Thursday, Jun 12, 2008
The exchange is once again listing markets on the opening weekend box office retunrs of major movie releases. These markets can be found under Entertainment -- Box Office Returns.
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if the movie grosses OVER the amount specified in the contract in the opening weekend.
The contract will settle (expire) at 0 ($0.00) if the movie grosses EXACTLY THE SAME AS OR LESS THAN the amount specified in the contract in the opening weekend.
Expiry will be based on the box office figures published by Nielson EDI. Details can be found HERE.
This contract will remain open until Nielson EDI have released their numbers. The box office figures for the previous weekend are typically released on Tuesdays.
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.