As of Tuesday, March 26th 2008, the Exchange will no longer be pre-clearing check deposits.Identical Tradesports announcement here.
All check deposits received after this date will be subject to the full ten-business day clearance policy enforced by our bank. This is regardless of your previous deposit record or if we have pre-cleared checks for you in the past. The funds must now be fully cleared by our bank before being made available for trading.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Friday, March 28, 2008
Intrade changes its check clearing policy
here:
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