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From my experience in trading presidential election claims on Futures Exchange (ideosphere.com), I know there

Posted by: Patient Player (a.k.a ribwoods) on Aug 20, 23:05

are technicalities that need to be taken into account before such claims (or here, options) can be paid.

 

For instance, even in a normal year the electoral vote counts are not final until Cpngress accepts them in January, over two months after the election.  This time there may be numerous legal challenges to the totals in that interval. 

 

==> I recommend that you add a warning to investors in the option descriptions that explains that those options will remain frozen for more than two months after trades are halted on Election Day!

From my experience in trading presidential election claims on Futures Exchange (ideosphere.com), I know there Patient Player Aug 20, 23:05

Investors need to be warned that their presidential options money will be tied up for two months longer than they may naively expect! (nm) Patient Player Aug 20, 23:10

Change "will" to "could" in above. Patient Player Sep 03, 17:32

Correction: Foresight Exchange is the site name {nm} Patient Player Aug 21, 00:17

THis is fake money, so unless we have a repeat of the 2000 election, this will not be an issue. ndmaster Aug 24, 11:15

Foresight Exchange has always been fake money, too, so why do you think there'd be a difference? (nm) Patient Player Aug 24, 23:25

Basically, once a winner is declared, its over. No need to wait on Congress finalizes it or whatever. ndmaster Aug 25, 22:45

Better re-read the Constitution. (nm) Patient Player Aug 28, 22:25

Stop conflating real life election process with HSX. ndmaster Aug 30, 12:24

Well, then tell us when the cashout values will be calculated. Patient Player Sep 01, 20:42

To be clear: am waiting for answer about how cashouts will be handled if Trump throws up a storm of e {nm} Patient Player Sep 02, 09:42

... storm of legal challenges that leave doubt about electoral totals for some time. Also, what if more than one group of electors from a Patient Player Sep 02, 09:50

AND re-read the descriptions of BIDEN and TRUMP! Their cashout values depend on _electoral votes_, not who wins! (nm) Patient Player Aug 28, 22:31

Perhaps you didn't catch that the legal challenges this time could be much, much worse than 2000. Patient Player Aug 24, 23:31

Legal challenges will only occur if it is close like in 2000 ndmaster Aug 25, 22:44

You seem to keep thinking that BIDEN and TRUMP are about win/lose. They're not. (nm) Patient Player Aug 28, 22:38

I know exactly what they are about. Electoral College votes. ndmaster Aug 30, 12:22

"Once the final tally ..." Just when do you think the tally will be final if Trump files a dozen legal challenges? {nm} Patient Player Sep 01, 20:47





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