Wednesday, Jun 21, 2006
The contracts can be found under Current Events>North Korea> North Korea Missile Test.
The contract(s) will expire at 100 if (including but not limited to):
North Korea launch a test missile and it leaves North Korean air space on/before 11:59:59pm ET on 31st July 2006
The contract(s) will expire at 0 if (including but not limited to):
There is no such launch by the time/date specified in the contract or if there is a launch but it is confined to North Korean air space.
For the purpose of the contract, North Korean airspace is defined as the controlled and uncontrolled airspace over the North Korean territory and territorial waters.
For expiry purposes, the source used to confirm a test missile being launched and leaving North Korean airspace will be the US Department of Defence.
Due to the nature of this contract please also see Contract Rule 1.9 Unforeseen Circumstances.
The Exchange reserves the right to invoke Contract Rule 1.8 (Time Protection) if deemed appropriate.
Please contact the exchange if you have any questions regarding this contract before you place a trade.
Any changes to the result after the contract has expired will not be taken into account - Contract Rule 1.4