Brazilian Presidential Elections


[quote="tradesports Exchange News
        "]The Exchange has listed 0-100 contracts on the outcome of the October 2006 Brazilian Presidential Elections.
The contract will expire at 100 if the named Candidate wins the specified election and 0 if he/she does not.
The contracts will be expired based upon the non-appealable results of the 2006 Brazilian Presidential Elections as officially declared by the appropriate Brazilian body.
Note:
* If the election is postponed until another date, the contract expiration date will be moved according. Similarly if the final count is delayed the contracts will remain open until the result from the final count is officially declared.
*The end date on the contract is for indication purpose only and may be moved in accordance with the time and date of the final and non appealable determination of the election result.
* In the unlikely event of the untimely death of one of the named individuals before the election results are known, all trades on that contract will be 'unwound' and all exchange fees refunded.
* In the event of the withdrawal or removal, voluntary or otherwise, of this candidate from the election for any reason (unless as consequence of his or her death) including but not limited to incapacity or discontinuance of their candidature, the contract will be expired at 0."
*Any changes to the results made after the contract has expired will not be taken into account.
*The Exchange reserves the right to invoke Contract Rule 1.8 (Time Protection) if deemed appropriate
*Due to the nature of this contract please also see Contract Rule 1.9 -Unforeseen Circumstances.
*Please contact the Exchange if you have any questions regarding these rules or contracts before you place a trade.
[/quote]

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