Contract Information
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Closing price chart
Closing price chart
Time and Sales chart
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Contract Fees & Details
| Tick Size (?) | 0.1 | Contract Start Date | Mar 4, 2007 |
|---|---|---|---|
| Tick Value (?) | USD 0.01 | Contract Expiry Date | Jul 1, 2009 |
| USD per Point | 0.10 | Contract Type | 0-100 |
| Min Contract Price | 0.0 | Max Contract Price | 100.0 |
| Trading Fee | $0.05 | Expiry Fee | $0.00 on all out of the money positions |
|---|---|---|---|
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Trading Fees at price extremes (0 - 5 and 95 - 100) |
$0.03 | $0.10 on all in-the-money positions |
| This is a linked 0-100 contract | |||
| Min Margin Price | 0.0 Ticks | Margin Up | 0.0 Ticks |
|---|---|---|---|
| Max Margin Price | 100.0 Ticks | Margin Down | 0.0 Ticks |
| To Buy | To Sell | ||
| Best Offer | - | Best Bid | - |
|---|---|---|---|
| Max gain per contract | USD - | Max gain per contract | USD - |
| Max loss per contract | USD - | Max loss per contract | USD - |
Contract Rules
A contract will settle (expire) at 100 ($10.00) if the candidate from the party specified in the contract wins the Senate seat specified in the contract.
The contract will settle (expire) at 0 ($0.00) if the candidate from the party specified in the contract DOES NOT win the Senate seat specified in the contract.
Expiry will be based on the official public announcement of the winner and as reported in three independent and reliable media sources.
If the election is postponed until another date the contract expiration date will be moved according. If the outcome is delayed the contracts will remain open until the result is officially declared.
Clarification: With regards to the Minnesota Senate race, whoever is sworn in will be expired at the winner. Any changes or reversals made afterwards will not affect this 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.
Important:
Please contact the Exchange if you have any query or uncertainty (including how it may be settled) about this Contract, the Rule above or the Contract Rules before you trade.