This contract has been settled.
Trading start Sunday, August 11, 2013 5:00:00 PM GMT
Trading end Wednesday, November 5, 2014 5:00:00 AM GMT
Event date Tuesday, November 4, 2014 7:00:00 AM GMT
Event US Senate elections 2014
Long shares Long shares have been resolved at m฿ 10.00
Short shares Short shares have been resolved at m฿ 0.00
Volume (total) 3030 shares
Volume (7 days) 455 shares
Resolution Details Republicans captured majority control of the Senate during the November 4th 2014 election, gaining at least seven seats.

Contract Details

Long shares win if the Republicans have the Senate majority with the next 2014 US Congressional elections (Senate composition at the beginning of the 114th Congress). Elections for the United States Senate will be held on November 4, 2014, with 33 of the 100 seats in the Senate being contested in regular elections whose winners will serve six-year terms from January 3, 2015, until January 3, 2021. The Republicans will be considered in control of the Senate if they: 1. Hold 51 (or more) Senate seats 2. Hold 50 Senate seats and has the Senate vote of the Vice President of the United States in his or her role as President of the Senate. Independents will not be considered as neither caucusing with Democrats nor Republicans: any Senate seat held by an Independent who caucuses or votes with the Democrats will be considered Independent and not a Democratic seat; any Republican seat held by an Independent who caucuses or votes with the Republicans will be considered Independent and not a Republican seat. If the election is not held in November 2014 (or if one or more run-off elections are needed to decide the balance of power after November 2014), 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 majority is announced will not be reverted. Any changes to the result after the market has expired will not be taken into account.

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