Friday, Jan 8, 2010
A market for the current month's unemployment rate are now being listed. The market for January is now open under Financial -- US Economic Numbers.
Once the unemployment rate for January is released by the US Department of Labor a market for February will be opened. This will continue will through the year.
Please be sure to read the contract rules below before making a trade. The rules for the new markets are different to the December 2010 market that is currently open and the December 2009 market that was recently expired.
Contract Rules:
This contract will settle (expire) at 100 ($10.00) if the United States unemployment rate for January 2010 is EQUAL to or GREATER than the figure specified in the contract.
The contract will settle (expire) at 0 ($0.00) if the United States unemployment rate for January 2010 is LOWER than the figure specified in the contract.
Expiry will be based on the unemployment rate figure for January 2010 published by the United States Department of Labor. This figure will be released at 8:30am ET on 5th February 2010 and published on the Briefing.com Economic Calendar.
Due to the nature of this contract please also see Contract Rule 1.7 Unforeseen Circumstances.
The Exchange reserves the right to invoke Contract Rule 1.8 (Time Protection) if deemed appropriate.
Any changes to the result after the contract has expired will not be taken into account - Exchange Rule 1.4
Please contact the exchange by emailing help@intrade.com if you have any questions regarding this contract before you place a trade.