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BlueStreak

(8,377 posts)
Tue Jul 1, 2014, 12:12 AM Jul 2014

InTrade formally shutting down now

It has been on this path, but it is actually happening now.

See the posting on their home page https://www.intrade.com/v4/home/

we are instructing all members to immediately request a full withdrawal of their remaining account balance no later than July 31st 2014.

...

After July 31st, 2014, Intrade will apply a $240 (USD two hundred forty dollars) administration fee to all remaining accounts with positive account balances. For accounts that have less than a $240 balance, the administration charge will be equal to the amount that will reduce the account balance to zero. No accounts will have a negative account balance due to the administration charge.

It is our intention to fully liquidate all remaining customer accounts by December 31, 2014.
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