iPredict

Live Traders: 12
Login to your iPredict account
Important site announcement. Please read.

Contract Details

GDP to grow by MORE than 1.5% in December 2015 quarter

GDP to grow by MORE than 1.5% in December 2015 quarter

GDP.DEC15.GT15
Contract Info 
  • Symbol: GDP.DEC15.GT15
  • Last Trade Price: $0.0374
  • Last Trade Time:
    22 Nov 15 11:25pm
  • Today’s Volume: 0
  • Average Daily Volume: 0.1
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 11 Jul 14
  • Close Date: 22 Feb 16
  • Status: Active

contract chart requires JavaScript to be enable and Flash installed in your browser.

Long Description

This contract pays $1 if Statistics NZ reports GDP (at constant prices) grows by MORE than 1.5% in the December 2015 quarter.
Otherwise this contract pays $0.

Judging Criteria 

The measure of GDP growth used is real i.e. at constant prices.

This contract will be judged based on the change in production-measure, seasonally adjusted, chain-volume series GDP growth at constant prices
in the December 2015 quarter. Change is calculated as the percentage change in GDP, as defined above, from the previous quarter (NOT year-on-year).

This contract will close following the announcement by Statistics New Zealand of the December 2015 quarter GDP. This contract will take account of any
prior adjustments to GDP which affect December 2015 growth.

iPredict's judgement is final.

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.