This contract has been settled.
Trading start Sunday, June 16, 2013 10:00:00 AM GMT
Trading end Saturday, March 5, 2016 3:20:00 PM GMT
Event date Wednesday, November 9, 2016 3:00:00 AM GMT
Event US Presidential Election 2016 Winner
Long shares Long shares have been resolved at m฿ 0.00
Short shares Short shares have been resolved at m฿ 10.00
Resolution Details This candidate withdrew or suspended his campaign.

Price History

Contract Details

Long shares win if Rahm Emanuel is elected as the new US President in 2016, succeeding to Barack Obama. About Rahm Emanuel Rahm Israel Emanuel is an American politician who serves as the 55th Mayor of Chicago. A member of the Democratic Party, Emanuel was elected in 2011, becoming Chicago's first Jewish mayor. About the election The United States presidential election of 2016 will be the 58th quadrennial U.S. presidential election and is scheduled for Tuesday, November 8, 2016. Presidential electors who will elect the President and Vice President of the United States will be chosen. The incumbent president, Barack Obama, is ineligible to be elected to a third term due to term limits in the Twenty-second Amendment to the United States Constitution. Article Two of the United States Constitution stipulates that for a person to be elected and serve as President of the United States, the individual must be a natural born citizen of the United States, a minimum of 35 years old, and a resident of the United States for no less than 14 years. If a candidate is a member of one of the various political parties of the United States, each party will devise a method (such as a primary election) to choose the candidate the party deems best suited to run for the position and the party members will officially nominate the candidate in question to run on behalf of the party as a whole. Contract Rules
  • If the election is not held in 2016, long shares will be resolved at m฿0, short shares resolved at m฿10.
  • Any open orders to buy or sell shares are the responsibility of the account holder and any trades made after the new President is announced will not be reverted. Any changes to the result after the market has expired will not be taken into account.
Tip Sell this contract if you think Rahm Emanuel will not be elected as the new US President in 2016. Find out more about selling shares without owning any here.

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