- What is the “Biden drops out before May?” market asking?
- It asks whether the following will happen: Biden drops out before May? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- When does this market close?
- Trading is scheduled to close on Apr 30, 2024. After the close no new trades are accepted and the outcome is settled by the resolution source.
- How does this market resolve?
- This market will resolve to "Yes" if President Joe Biden officially announces his withdrawal or is confirmed to have withdrawn from the 2024 US presidential race by April 30, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". In the event of any extenuating circumstances that prevent Joe Biden from continuing the race, this market will also resolve to "Yes". The primary resolution source for this market will be official information from Joe Biden or his official/legal representatives, however a consensus of credible reporting will also be used.
- What is the difference between volume, liquidity and open interest?
- 24h volume ($91.67K) is the dollar value of shares traded in the last 24 hours. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
- Who holds the biggest positions in this market?
