Who are the candidates of the Swiss People's Party (SPP) for the elections to the Cabinet (Federal Council) 2011?
Candidates SPP for the Cabinet 2011
This market is inactive. No predictions can currently be made.
Candidates of SPP for the elections to the Cabinet 2011?
Market conditions and special considerations
The principal behind the market is the « winner takes it all». The seven winning shares, referring to the elected Federal Councilors, will each receive 100 Ex; all further shares will receive 0 Ex. Therefore, a total of 200 Ex (2 x 100 Ex) are available to be allotted.
Other ‘persons shares’ will be added during the market period. This will be the result of splitting sares called «Others».
Payout rules
For each ‘person share’ held by a player in his/her portfolio at the end of the market, the player acquires the right to receive a payout in the amount of 100 Ex, provided that the real person was nominated by the SPP as candidate.
Adding shares (share splits)
Shares may be added by splitting the shares listed as «Other persons». This occurs whenever a candidate is officially nominated by a party for election to the Cabinet.
Due to market technical reasons the organizer reserves the right not to provide every nominated individual with a ‘person share’.
Withdrawal of shares
A share will be immediately withdrawn from the market and assigned 0 Ex, if a candidate relinquishes the right to the candidacy or withdraws due to legal or health reasons.
Definition of shares titled «Other persons»
The share titled «Other persons» includes all persons who are declared candidates by the SPP, but were not listed with a ‘person share’ in the market. These shares will be distributed accordingly. The «Other persons» share is excluded from the applicable trading span from 0 to 100 Ex for all named person shares. It has a maximum value of 200 Ex.
In theory, it is possible that two other individuals could be nominated.
Procedure for splitting «Other persons» shares
At the point a share titled «Other persons» is split trading will be halted for a short time (approx. one minute). In the interim, a new person share will be brought to market and the actual split of the «Other persons» share carried out. Essentially the process is as follows: Any trader who holds a part of the «Other persons» share at the time of the split receives an equal part in the new person share brought to the market.
Difference share
The «difference» share gains 100 Ex or 200 Ex resp., if the SPP nominated surprisingly only one candidate or none.