IF FAQ Index

(Entries marked with ** were changed within the last 7 days; entries marked with * were changed within the last 30 days.)

1. Idea Futures Market Overview

• 1.1. How does USIFEX differ from The Foresight Exchange?
• 1.2. Why isn't real money used in the market? Isn't real money the only way to insure that people put serious effort into finding the most accurate prices?
• 1.3. Is the supply of money in the market constant?
• 1.4. What is the exchange's privacy policy?
• 1.5. What Browsers are supported?
• 1.6. Is this a serious business?

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2. Trading

• 2.1. How do I bet that a price will go down? How do short sales (buying "NO" contracts) work?
• 2.2. When there are multiple limit orders at a one price, what determines which one is executed first?
• 2.3. How quickly are alerts sent out after the condition that triggers them becomes true?
• 2.4. What are stop orders and stop limit orders?
• 2.5. Will trading ever be halted in a claim before it is ready to be settled?

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3. Claims

• 3.1. How does a proposed claim get approval?
• 3.2. When does trading start on newly approved claims?
• 3.3. What judgement dates are allowed?
• 3.4. Is there any cost to proposing new claims?
• 3.5. Are there any types of proposed claims that will be rejected even if written in a clear and easy to judge manner?
• 3.6. What rules govern claim symbols?
• 3.7. What are conditional claims and how do they work?
• 3.8. What are claim types (Boolean, Real valued, etc)?

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4. Miscellaneous

• 4.1. If something goes seriously wrong with the current implementation of the market (earthquake?), can someone else recreate the market elsehwere?
• 4.2. Can the software be used for a real-money market?
• 4.3. Can I get a list of claims resembling the list of holdings but for claims I don't own?
• 4.4. What do I do if I've forgotten my password? How secure is the password protection?
• 4.5. How secure is the server?
• 4.6. Why isn't there an index comparable to the Dow Jones Industrial Index which summarizes the performance of the market?

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