Intrade API - Amendment to Terms and Conditions of Usage
Intrade has updated its Application Programmable Interface Terms and Conditions of Usage as follows:

API users shall now be classified as:

1. Members who only read information
2. Members who transact on non-financial markets
3. Members who transact on all markets including financial markets

Effective 8am on Monday 22nd October 2007 only designated obligated market makers* will be eligible to use the Intrade API for transacting on financial markets. This amendment is being implemented to facilitate the recruitment of Designated Obligated financial Market Makers.  Initially and until further notice each market will have a maximum of one Designated Obligated financial Market Maker.

*Designated Obligated Market Makers have obligations to make a market on a continuous basis and with a minimum quantity and within a maximum bid/offer spread as agreed with the Exchange

Author: Intrade
Publish Date: Fri, 19 Oct 2007 03:42:38 GMT
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Source: Intrade Exchange News
Description: The Prediction Market: An online platform where people like you trade, connect, and read what our markets are predicting.