This contract will settle (expire) at 100 ($10.00) if the first Presidential Debate between Barack Obama and John McCain takes place live and in person, as scheduled at 9:00pm ET on Friday September 26th 2008.
The contract will settle (expire) at 0 ($0.00) if the first Presidential Debate between Barack Obama and John McCain DOES NOT take place live and in person, as scheduled at 9:00pm ET on Friday September 26th 2008.
Expiry will be based on official announcements from the Obama and McCain campaigns, as reported by three independent and reliable media sources.
For this contract to expire at 100 both candidates must appear on stage in person.
This contract will expire at 0 if the following (includes, but is not limited to) occurs:
* The debate is postponed to another date
* The debate is cancelled
* The debate is moved to another location
* A presidential candidates fails to show for the debate
* A presidential candidates takes part in the debate by video conference
* Someone else is sent to debate in place of a presidential candidate
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.