Wednesday, Jul 23, 2008
Intrade has opened a market on the winner of the next Iranian Presidential Election, scheduled for 2009. This market can be found under Politics -- Iranian Politics -- Winner of 2009 Iranian Presidential Election.
Contract Rules:
A contract will settle (expire) at 100 ($10.00) if the individual named in the contract becomes the President of Iran by winning the 2009 Presidential Election.
A contract will settle (expire) at 0 ($0.00) if the individual named in the contract DOES NOT become the President of Iran by winning the 2009 Presidential Election.
Expiry will be based on official election results, as reported by three independent and reliable media sources.
This market is currently open to further suggestions. Please email help@intrade.com if you'd like another potential candidate listed.
This market is NOT linked for margining purposes. You will be margined individually on each position you hold.
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.