- What is the “Biden nominated by August 7?” market asking?
- It asks whether the following will happen: Biden nominated by August 7? 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 Aug 7, 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 Joe Biden is formally nominated by the Democratic National Committee as the Democratic presidential candidate by August 7, 2024 11:59 PM PT. Otherwise, this market will resolve to "No." The resolution source will be official announcements from the Democratic National Committee, however a consensus of credible reporting may also be used.
- What is the difference between volume, liquidity and open interest?
- 24h volume ($61.45K) 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?
- Vultax loaded 3 public holder wallets for this market; the largest ten hold 100.0% of the loaded shares. The Holders view lists them by size on each side, and every wallet links to its trader profile.
