Play$ Market
Intrade User Name
Intrade Password
1. Getting Started
2. Trading 101
   3a. 0-100 Con. (Cont.)
4. Select Your Market
5. The Trading Screen
   5a. Explained
6. Enter Order
7. Confirm Order
8. Matched Orders
9. Open Orders
10. Margins
11. Custom Time Orders
12. Advanced Orders
13. rapidTrading Features
14. Shortcuts
 
 Step 3- 0-100 Contracts
 
Most contracts on Intrade trade between a price of 0 ($0.00) and 100 ($10), known as 0-100 contracts

0-100 contracts either expire or are settled at 0 OR 100

A contract will expire at 100, which equals $10 to the BUYER, if the event on which the contract is based actually happens. E.g. A contract on the DOW to close higher will settle at 100 ($10) if the DOW actually closes higher on the day


A contract will expire at 0, which equals $10 to the SELLER, if the event on which the contract is based does not actually happen. E.g. A contract on the DOW to close higher will settle at 0 ($10) if the DOW does not close higher on the day