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Contract Details

Conservative Party - % of seats in House of Commons won in 2015 General Election

Conservative Party - % of seats in House of Commons won in 2015 General Election

UK.SEATS.CON
Contract Info 
  • Symbol: UK.SEATS.CON
  • Last Trade Price: $0.3599
  • Last Trade Time:
    15 Jan 9:40pm
  • Today’s Volume: 0
  • Average Daily Volume: 0.9
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 30 May 12
  • Close Date: 11 May 15
  • Status: Active

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Long Description

This contract shall pay 1c for every 1% of the seats in the House of Commons won by the Conservative Party in the next General Election scheduled for 2015. It includes seats won by the Ulster Conservatives and Unionists, and the Ulster Unionist Party.

Judging Criteria 

The purpose of this contract is to forecast the % of seats in the House of Commons to be won by the named party in the next UK General Election.

The next UK General Election is scheduled to be held on 7 May 2015 but this contract will apply to whenever the next UK General Election is held.

For the benefit of traders, the result of the 2010 UK General Election, and the payouts which would have eventuated based on the seat numbers given, were:

Conservative: 306 seats, $0.4708
Labour: 258 seats, $0.3969
Liberal Democrat: 57 seats, $0.0877
Democratic Unionist: 8 seats, $0.0123
SNP: 6 seats, $0.0092
Sinn Fein: 5 seats, $0.0077
Plaid Cymru: 3 seats, $0.0046
SDLP, 3 seats, $0.0046
Speaker: 1 seat, $0.0015
Green: 1 seat, $0.0015
Sylvia Hermon: 1 seat, $0.0015
Alliance: 1 seat, $0.0015

The contract will pay out based on final confirmed results after all recounts, litigation, coin tosses, etc.

iPredict's judgment is final.

All dates and times are GMT.

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.


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