Thursday, Jul 3, 2008
The exchange has opened a market on the closure of the Guantanamo Bay Detention Camp. This market can be found under Current Events -- Guantanamo.
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if the Guantanamo Bay Detention Camp is closed before 11:59:59pm ET on the date specified in the contract.
A contract will settle (expire) at 0 ($0.00) if the Guantanamo Bay Detention Camp is NOT closed before 11:59:59pm ET on the date specified in the contract.
Expiry will be based on official announcements from members or agencies of the US Government, as reported by three independent and reliable media sources.
The contract will be expired once the closure is announced. The actual closure does not need to take place for expiry.
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.