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Contract Details

At least one ACT MP to be elected to next Parliament

At least one ACT MP to be elected to next Parliament

ACT.2011
Contract Info 
  • Symbol: ACT.2011
  • Last Trade Price: $1.0000
  • Last Trade Time:
    29 Nov 11 12:00am
  • Today’s Volume: 0
  • Average Daily Volume: 0.0
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 20 Aug 10
  • Close Date: 1 Jan 12
  • Status: Closed

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Long Description

This contract pays $1 if at least one ACT Party candidate is elected to Parliament at the next New Zealand General Election. Otherwise this contract pays $0.

Judging Criteria 

The purpose of this contract is to measure the likelihood that the ACT Party will be represented in Parliament after the next General Election.

This contract pays $1 if at least one candidate standing for the ACT Party at the next New Zealand General Election is elected to Parliament in that election.

In the event the ACT Party formally splits, then this contract will follow (i.e. will pay $1 if at least one member from this party is elected at the next General Election) the post-split party named "ACT Party" or "ACT". If both or neither parties are named ACT, then this contract will follow the party which contains the current (or most recent) leader of the pre-split ACT Party. In the event neither party satisfies these conditions, this contract will close at $0.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.