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>> COMMODITIES Latest News

MAR 10, 2013 - Business Insider

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Intrade Has Been Shut Down

Embattled betting website Intrade has shut down all trading, wealth.net reports. The Irish company was sued by the CFTC in November for allegedly violating a 2007 agreement not to allow customers to trade commodities like oil and gold. The suit also accused Intrade of soliciting customers to buy options on future events. After the suit was filed Intrade said that it did not spell the end of its business in the United States. Now the entire trading operation has been shut down. Here's the message Intrade put on its website for customers this weekend:  With sincere regret we must inform ... Read More

Tags: Intrade Has Been Shut Down,  Commodities Latest News