Home >  Blossary: Futures  >  Term: political futures
political futures

Futures contracts that trade on speculation of an specific outcome for a political event, such as the election of one individual over another for President of the United States. The contracts trade between 0 and 100 and their price is based on the probability at any given time of a successful outcome. When the event actually occurs, winning contracts are worth 100 points and losing contracts are worth 0.

0 0

Futures

Category: Business

Total terms: 25

Creator

  • zzcgood
  • (Wuhan, China)

  •  (Bronze) 128 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.