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- IPredict abstract "iPredict is a New Zealand prediction market that offers prediction exchanges on current events, political issues and economic issues. iPredict is jointly owned by the New Zealand Institute for the Study of Competition and Regulation and Victoria University of Wellington. The site launched on 9 September 2008.iPredict's system is a prediction market which allows members to trade contracts (take 'positions') on whether future events will or will not occur. The contracts have judgement criteria which define how they will be settled. For example, a contract could be called "There will be a National Prime Minister after the next General Election". Other events include financial predictions, such as "The NZX50 Gross Index closes equal or higher on Friday 7 December, than the closing price on Thursday 6 December." iPredict facilitates trades between members, but does not participate in trading itself.Traders can either buy (go long on) contracts, indicating that the event will happen or sell (go short on) contracts, indicating the event will not happen. The trading unit is a contract with a settlement value, typically either $1 or $0 and the contract can trade between these values where 1 percent equals $0.01 in value. If the event specified in a given contract occurs, the contract settles at 100 percent or $1; otherwise, the contract settles at 0 or $0 in value. Thus, the current price of the contract can be imputed as the market's global opinion of the probability that the specified event will occur. Traders can trade both before and during an event. iPredict often has a market makers to provide a two way price at almost all times.".
- IPredict currentStatus "Active".
- IPredict locationCountry New_Zealand.
- IPredict parentCompany Victoria_University_of_Wellington.
- IPredict wikiPageExternalLink www.ipredict.co.nz.
- IPredict wikiPageExternalLink www.ipredict.co.nz.
- IPredict wikiPageID "25847973".
- IPredict wikiPageRevisionID "587348847".
- IPredict companyName "iPredict".
- IPredict currentStatus "Active".
- IPredict hasPhotoCollection IPredict.
- IPredict language "English".
- IPredict launchDate "2008".
- IPredict locationCity "Wellington".
- IPredict locationCountry "New Zealand".
- IPredict parent "Victoria University of Wellington".
- IPredict websiteType Betting_exchange.
- IPredict subject Category:Betting_exchanges.
- IPredict subject Category:Gambling_companies_of_New_Zealand.
- IPredict subject Category:New_Zealand_websites.
- IPredict subject Category:Prediction_markets.
- IPredict subject Category:Victoria_University_of_Wellington.
- IPredict type Abstraction100002137.
- IPredict type Company108058098.
- IPredict type GamblingCompaniesOfNewZealand.
- IPredict type Group100031264.
- IPredict type Institution108053576.
- IPredict type Organization108008335.
- IPredict type SocialGroup107950920.
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- IPredict type Agent.
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- IPredict comment "iPredict is a New Zealand prediction market that offers prediction exchanges on current events, political issues and economic issues. iPredict is jointly owned by the New Zealand Institute for the Study of Competition and Regulation and Victoria University of Wellington. The site launched on 9 September 2008.iPredict's system is a prediction market which allows members to trade contracts (take 'positions') on whether future events will or will not occur.".
- IPredict label "IPredict".
- IPredict sameAs m.09v3t0m.
- IPredict sameAs Q5973255.
- IPredict sameAs Q5973255.
- IPredict sameAs IPredict.
- IPredict wasDerivedFrom IPredict?oldid=587348847.
- IPredict homepage www.ipredict.co.nz.
- IPredict isPrimaryTopicOf IPredict.
- IPredict name "iPredict".