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The objective of the markets in the Intrade marketplace is to predict the outcome of current, sports and entertainment events. This is a public market which is open for a variable duration. The popular markets are large and the platform uses the Continuous Double Auction (CDA) market model. The type of securities that is used by the market is Winner-takes-all and the traders can use Unlimited own funds of Real-money. The marketplace enables on-platform interaction through an online forum. The traders in the markets are self-selected. They have no stake in the outcome of the events, and they possess incomplete information. The incentive to participate is based on trader's performance and the reward is monetary.


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