New Zealand to be elected to UN Security Council for 2015-16NZ.UNSC.2015
- Symbol: NZ.UNSC.2015
- Last Trade Price: $1.0000
- Last Trade Time:
17 Oct 14 12:00am
- Today’s Volume: 257
- Average Daily Volume: 0.0
- Today’s Change:
- Start Date: 7 Jan 13
- Close Date: 1 Nov 14
- Status: Closed
This contract will close at $1 if New Zealand is elected as a non permanent member of the United Nations Security Council for the 2015-16 term. Otherwise it closes at $0
Background on New Zealand's bid can be found here: http://www.mfat.govt.nz/Media-and-publications/Features/515-UN-Sec-Council-bid.php
Elections for the seat are expected in October 2014. This contract will close immediately upon the announcement of the results of those elections, subject to other provisions in this judging statement. In the event of ambiguity iPredict reserves the right to delay the closure of this stock.
In the event that rules around UN Security Council non permanent membership are changed this stock will follow a New Zealand bid for a non permanent seat on the UN Security Council under the new rules. In the event that new rules mean that it is not possible for New Zealand to assume a non permanent seat by the end of 2015 this contract will immediately close at $0.
If an appropriate spokesperson for the New Zealand government definitively announces that New Zealand is withdrawing its bid for a non permanent seat on the UN Security Council for the 2015-16 term this stock will immediately close at $0
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.