Italian election

Couldn't find an Italian election thread on the Active Stocks board and we can't create new threads there.

There is a strong possibility that no stable government will form from the current Italian election and a second election will need to be held. In such a scenario, according to the wording of the contracts I would expect that both the stocks (Democratic Party Prime Minister and People of Freedom Prime Minister) would close at 0.

Please confirm that this is the case.

No that is incorrect. The judgement statement is silent as to what happens should another election be required before a Prime Minister is appointed. The contracts concern the Prime Minister appointed following the next general election (here 'next general election' refers to the current election). Even if another election is required before a Prime Minister can be appointed, the appointment of that Prime Minister will still follow the current election.

Therefore, subject to other conditions in the judgement statement, the stocks will remain open until a Prime Minister is appointed even if another general election is required before this happens