- What is the “Mike Johnson out as Speaker before inauguration?” market asking?
- It asks whether the following will happen: Mike Johnson out as Speaker before inauguration? 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.
- How did this market resolve?
- It resolved No on 20 Jan 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to "Yes" if Mike Johnson announces that he will resign from his position as Speaker of the US House of Representatives, or otherwise ceases to be Speaker for any length of time, between December 17, 2024, 11:59 PM ET, and January 20, 2025, 12:00 PM ET. Otherwise, this market will resolve to "No". Note that an announcement of his resignation before the resolution date will suffice to resolve this market to "Yes" regardless of if/when he actually steps down. The primary resolution source for this market will be official information from the Government of the United…
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
